Brief: Orient Group Plans Acquisition To Indirectly Own Stake In Energy Firm

United Energy

13/07/2021 11:42

July 13 (Reuters) - Orient Group Inc  600811.SS :
    * SAYS IT PLANS TO BUY 92% STAKE IN INVESTMENT FIRM FROM
CONTROLLING SHAREHOLDER VIA CASH, SHARE ISSUE
    * SAYS IT WILL INDIRECTLY OWN 30.55% STAKE IN UNITED ENERGY
AFTER
THE TRANSACTION
    * SAYS TRADING IN SHARES TO RESUME ON JULY 14

Source text in Chinese: https://bit.ly/3B6Upin;
https://bit.ly/2TW9m65
Further company coverage:  600811.SS  0467.HK 

 (Reporting by Hong Kong newsroom)
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