Hongkong Chinese Limited (HK:0655) has released an update.
Hongkong Chinese Limited is undergoing significant changes as its controlling shareholder, Lippo Limited, plans a special interim distribution of the company’s shares. This move will alter the shareholding structure, reducing Lippo’s stake while increasing public ownership. Investors in Lippo will gain direct ownership in Hongkong Chinese Limited, potentially impacting the company’s market dynamics.
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