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  • China Gas Hold (00384.HK) proposed to list Yipinghui on an exchange in the USA.

中國燃氣(00384.HK)建議分拆壹品慧於美國交易所上市

China Gas Hold (00384.HK) proposed to list Yipinghui on an exchange in the USA.

AASTOCKS ·  Nov 13 02:11

China Gas Holdings (00384.HK) announced the proposal to spin off OneSmart Life Holdings for listing on the USA Exchange. Currently, the plan includes the sale of American Depositary Shares and the distribution of American Depositary Shares to shareholders in kind. The Exchange has confirmed that the company can proceed with the proposed spin-off listing.

OneSmart Group mainly engages in the sale and provision of kitchen and home products and services, with the company holding 71% of its shares. After the spin-off, OneSmart is expected to continue as a subsidiary of the company.

The translation is provided by third-party software.


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