Gelonghui December 15丨Taishan Petrochemical (01192.HK) Announced that on December 15, 2019, Baochuang Co., Ltd., a wholly-owned subsidiary of the company, intends to sell to Prime Wealth Capital LimitedTarget companyAsia Pacific Aluminum has all issued share capital at a cost of HK$10,000.
The target company is a private limited company incorporated under Hong Kong law, mainly engaged in investment and holding. On the date of the announcement, the target company held (including) all of the shares in Zhoushan Yatai (a private limited company established under Chinese law).
After the sale is completed, the company will no longer hold any interest in the target company, and the target company's financial results will not be incorporated into the group's financial statements.