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BRIEF-Hifood Group Got Notification Letter From HNA Tourism Group About Court Ruling

· 03/16/2021 11:05
BRIEF-Hifood Group Got Notification Letter From HNA Tourism Group About Court Ruling

- Hifood Group Holdings Co Ltd 0442.HK:

  • GOT NOTIFICATION LETTER FROM HNA TOURISM GROUP THAT COURT DETERMINED IT SHOULD UNDERGO REORGANISATION

  • RESTRUCTURING OF HNA TOURISM MAY HAVE IMPACT ON GROUP'S SHAREHOLDING STRUCTURE AND BUSINESS DEVELOPMENT

  • RESTRUCTURING OF HNA TOURISM SHALL NOT HAVE ANY MATERIAL ADVERSE IMPACT ON DAILY BUSINESS OPERATION OF GROUP

  • THERE IS NO CERTAINTY THAT RESTRUCTURING OF HNA TOURISM WILL SUCCEED

Source text for Eikon: ID:nHKS96zVrd

Further company coverage: 0442.HK


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