Brief: Tianneng Power International Updates On Proposed Offering Of Global Depository Receipts Representing A Shares Of Tianneng Battery Group

Tianneng Power International

13/12/2022 14:39

Dec 13 (Reuters) - Tianneng Power International Ltd
 0819.HK :
    * UPDATES ON PROPOSED OFFERING OF GLOBAL DEPOSITORY RECEIPTS
REPRESENTING A SHARES OF TIANNENG BATTERY GROUP CO., LTD.
    * EXPECTS UPON COMPLETION OF PROPOSED OFFERING, CO WILL
CONTINUE
TO HAVE NOT LESS THAN 50% INTEREST IN TIANNENG SHARE
    * PROPOSED OFFERING TO INVOLVE ISSUE OF A SHARES BY TIANNENG
SHARE, SUBJECT TO APPROVAL BY BOARD OF DIRECTORS
    * UPON COMPLETION OF PROPOSED OFFERING TIANNENG SHARE WILL
REMAIN
AS UNIT OF CO
    * GLOBAL DEPOSITORY RECEIPTS REPRESENTING A SHARES OF
TIANNENG
BATTERY GROUP CO., LTD. ON SIX SWISS EXCHANGE AG

Further company coverage:  0819.HK 
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