BRIEF-Kingland Technology's Owner, Controlling Shareholder Agree To Sell 5% Stake In The Company

Reuters · 02/08/2021 00:47
BRIEF-Kingland Technology's Owner, Controlling Shareholder Agree To Sell 5% Stake In The Company

- Kingland Technology Co Ltd 000711.SZ:

  • SAYS ITS ACTUAL OWNER, CONTROLLING SHAREHOLDER AGREE TO SELL 5% STAKE IN THE COMPANY TO XINJIANG WATER CONSORVANCY INVESTMENT

  • SAYS CONTROLLING SHAREHOLDER AGREES TO TRANSFER 11.7% CORRESPONDING VOTING RIGHT TO XINJIANG WATER CONSORVANCY INVESTMENT, RESULTING IN OWNERSHIP CHANGE

Source text in Chinese: https://bit.ly/39Wm6OZ

Further company coverage: 000711.SZ


(Reporting by Hong Kong newsroom)

((colin.qian@thomsonreuters.com;))