Sichuan Energy Investment Development Co., Ltd. Class H (HK:1713) has released an update.
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Sichuan Energy Investment Development Co., Ltd. announced a strategic restructuring involving its controlling shareholders, Energy Investment Group and Sichuan Provincial Investment Group. The merger will create a new entity, Sichuan Energy Development Group, which will inherit all assets and liabilities of the merging groups. The restructuring is contingent on regulatory approvals and may require a mandatory general offer unless waived by relevant authorities.
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