Stock Spinoffs

Hong Kong-listed C C Land Holdings Files To Spin Off Packaging Business

As reported at CapitalVue:

December 30 — C C Land Holdings (1224.HK) said it is considering listing its packaging business on the Hong Kong Exchanges and Clearing (HKEx) and has sent its proposal to the HKEx, reports yicai.com, citing a company filing.

The company’s packaging unit mainly produces and sells packaging goods and display goods.

The listing decision is pending the approval from both the company’s board and the HKEx.

C C Land mainly develops properties in western China. It has land reserves in Chongqing, Chengdu, Sichuan and Kunming

We’ve been able to find out very limited information on this. If any Chinese-speaking readers would like to provide us with additional information, we would love to share it with our readers.

 

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