China Sports International in talks to restructure, transfer listing status
DeeperDive is a beta AI feature. Refer to full articles for the facts.
China Sports International is in advanced discussions with investors about a proposed restructuring exercise which would involve transferring the company's listing status, the sports apparel and equipment manufacturer said on Friday.
The company will make further updates as soon as there are material developments. It is currently under judicial management, and its shares have been suspended since Dec 4, 2017.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance