Brief: Wang On Group Says Century Choice, And Another Party Entered Capital Reorganisation Deal
18/06/2021 13:26
June 18 (Reuters) - China Agri-Products Exchange Ltd
0149.HK :
* CENTURY CHOICE, YULIN MARKET DEVELOPMENT SERVICE CENTRE
ENTERED
CAPITAL REORGANISATION DEAL IN RESPECT OF YULIN HONGJIN
* UNDER DEAL, PRC SHAREHOLDER WAIVES ENTITLEMENT TO DIVIDEND
AND
DIRECTS SAME TO BE PAID TO CENTURY CHOICE
* UNDER DEAL, AMOUNT OF REGISTERED CAPITAL CONTRIBUTION BY
CENTURY
CHOICE IN YULIN HONGJIN WILL REDUCE BY ABOUT RMB41.9 MILLION
* AFTER DEAL, CENTURY CHOICE'S EQUITY INTEREST IN YULIN
HONGJIN
WILL DECREASE TO 51%
Source text for Eikon: ID:nHKS1SbmB2
Further company coverage: 0149.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Wang On
See all newsBrief: Wang On Group Says Kaifeng Hongjin Entered Sale And Leaseback Agreement
Brief: Wang On Group Says Qinzhou Hongjin And Kaifeng Hongjin Enter RMB64 Million Sale And Leaseback Agreement With Haier
Brief: Wang On Group Expects Loss Of Not More Than HK$360 Million For Half Year
Brief: Wang On's Unit To Sell Property For HK$23.28 Million
Brief: Wang On Group's Unit To Sell Property For HK$19.5 Mln