Search
Dongfeng Group Steps Up Restructuring: Voyah Shareholders Greenlight Crucial Conditions, Paving the Way for Concurrent Privatization and Spin-off Listing
2 day ago /
Read about 0 minute
Author：小编
On September 19, Dongfeng Motor Group Co., Ltd., along with its parent entity, Dongfeng Motor Corporation, issued a joint announcement. It stated that the shareholders of Voyah Automotive have formally endorsed the pivotal prerequisites concerning the company's privatization and the allocation of Voyah shares. This move signifies a significant leap forward in Dongfeng Group's comprehensive restructuring blueprint. Should the transaction be smoothly finalized, Dongfeng Group's shares will be withdrawn from the Hong Kong Stock Exchange, while Voyah Automotive will attain an independent listing status. This will create a dual-pronged restructuring approach, featuring 'parent company privatization coupled with subsidiary brand listing.'
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
