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<IPO>SUNNY OPTICAL Contemplating Spin-off & Separate Listing of Vehicle-related Optical Biz
Recommend 12 Positive 38 Negative 12 |
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SUNNY OPTICAL (02382.HK) said that to promote the rapid development of the Company’s vehicle-related optical businesses, the Company is contemplating a spin-off and separate listing of its Spin-off Business, which will be operated through the SpinCo, on the Main Board of the Stock Exchange. After the Proposed Spin-off, the SpinCo will remain as a subsidiary of the Company and the Company will continue to consolidate the financial results of the SpinCo into its accounts. AAStocks Financial News |
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