Brief: Xingda International Updates On Proposed Spin-Off Of Tire-Related Business Of Group

Xingda International Holdings

20/11/2020 15:23

Nov 20 (Reuters) - Xingda International Holdings Ltd
 1899.HK :
    * UPDATES ON PROPOSED SPIN-OFF OF TIRE-RELATED BUSINESS OF
GROUP
    * PROPOSAL SUBMITTED TO STOCK EXCHANGE PURSUANT TO PRACTICE
NOTE
15 FOR PROPOSED SPIN-OFF, SEPARATE LISTING
    * CURRENTLY UNDERTAKING GROUP REORGANISATION TO EFFECT
SUITABLE
SHAREHOLDING STRUCTURE FOR PROPOSED SPIN-OFF

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