Brief: Wharf Holdings Updates On Proposal For Privatisation Of Wheelock

Wharf Holdings

27/02/2020 11:18

Feb 27 (Reuters) - Wharf Holdings Ltd  0004.HK :
    * WHARF HOLDINGS LTD UPDATES ON PROPOSAL FOR PRIVATISATION
OF
WHEELOCK BY ADMIRAL POWER
    * IMPLEMENTATION OF PROPOSAL WILL LEAD TO CHANGE IN
SHAREHOLDING
OF CONTROLLING SHAREHOLDER OF CO FROM 70.71% TO 47.95%
    * AS AT FEB 27, CO IS HELD  70.71 % BY WHEELOCK
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
WHARF SHARES AND DEBT SECURITIES FROM 9:00 A.M. ON 28 FEB

Source text for Eikon:  ID:nHKSc0zhGZ 
Further company coverage:  0004.HK 

 ((Reuters.Briefs@thomsonreuters.com;))