Brief: Seazen Announces Disposal Of Spin-Off Interests, Separate Listing On Shanghai Stock Exchange
04/09/2026 16:41
BRIEF-Seazen Announces Disposal Of Spin-Off Interests, Separate Listing On Shanghai Stock Exchange Sept 4 (Reuters) - Seazen Group Ltd 1030.HK:
DEEMED DISPOSAL IN RELATION TO PROPOSED SPIN-OFF INTERESTS IN CERTAIN COMMERCIAL PROPERTIES AND SEPARATE LISTING ON SHANGHAI STOCK EXCHANGE
COMMERCIAL REITS EXPECTED SIZE ABOUT RMB1.541 BILLION FOR SHANGHAI LISTING
PROPOSED SPIN-OFF WILL INVOLVE SEPARATE LISTING OF COMMERCIAL REITS ON SHANGHAI STOCK EXCHANGE
PROPOSED SPIN-OFF PROCEEDS EXPECTED TO BE ABOUT RMB1.541 BILLION
PROCEEDS FROM SPIN-OFF EXPECTED TO BE USED FOR WORKING CAPITAL AND DEBT REPAYMENT
SUBMITTED PN15 APPLICATION IN RELATION TO PROPOSED SPIN-OFF TO STOCK EXCHANGE
Further company coverage: 1030.HK
((Reuters.Briefs@thomsonreuters.com;))
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