HONG KONG : Hong Kong-listed Chinese property developer Shenzhen Investment Limited said on Sunday it planned to spin off its JHD Group unit which has submitted an application to list on the Shenzhen share market.
JHD, a display solutions provider which develops and manufactures liquid crystal displays and modules, plans to list on the ChiNext of the Shenzhen Stock Exchange via an initial public offering of new A shares, Shenzhen Investment said in a filing. "The proposed Spin-Off is essential for accelerating the development of JHD as well as for achieving rapid and continuous improvement of its revenue and profitability," it added.Source: Reuters
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan Investment Corp in $7 billion deal talks with chipmaker JSR -NikkeiState-backed Japan Investment Corp is in talks to buy the country's top chipmaker, JSR Corp, for about 1 trillion yen ($6.96 billion), the Nikkei reported on Saturday.The fund aims to make a tender offer as early as this year after clearing the buyout with domestic and foreign antitrust authorities, the r
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Amazon commits to US$15 billion India investment, CEO saysAmazon.com will invest an additional US$15 billion in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant's total India investment across all businesses to $26 billion by 2030, he said. Modi and
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Amazon commits to $15 billion India investment, CEO saysAmazon.com Inc will invest an additional $15 billion in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday.The investment will take the e-commerce giant's total India investment across all businesses to $26 billion by 2030, he said. Modi and J
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Amazon raises investment in India to $26 billion by 2030NEW DELHI :Amazon.com Inc said on Friday it will take its investments to $26 billion in India by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.Though Jassy gave no breakdown, the announcement follows Amaz
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »