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ISP GLOBAL(08487.HK)完成成立合资公司 达分阶段收购先决条件

ISP GLOBAL (08487.HK) completes the prerequisites for the establishment of a joint venture to reach a phased acquisition

財華社 ·  Dec 6, 2021 03:52

[Caihua News] ISP GLOBAL (08487.HK) announced the establishment of a joint venture company involving the issuance of consideration shares under the general authorization. The establishment of the joint venture company and WFOE will be completed on October 27th, 2021 and December 3rd, 2021, respectively. Upon completion, the entire joint venture group will become an indirect subsidiary of the company and its financial results will be consolidated in the group's financial statements. The Board is pleased to announce that as one of the prerequisites for the phased acquisition, the consideration shares have been approved for listing and trading on 30 November 2021.

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