tiprankstipranks
Trending News
More News >

Changan Minsheng APLL Logistics Plans Reorganization Amid Shareholder Changes

Story Highlights

Confident Investing Starts Here:

Changan Minsheng APLL Logistics Co ( (HK:1292) ) just unveiled an update.

Changan Minsheng APLL Logistics Co., Ltd. announced that its indirect controlling shareholder, China South Industries Group Co., Ltd., is planning a reorganization with other state-owned central enterprise groups. This reorganization might lead to a change in the controlling shareholder but will not affect the de facto controller or the company’s normal production and operations. The reorganization is still subject to regulatory approval, and shareholders are advised to exercise caution as there is uncertainty involved.

More about Changan Minsheng APLL Logistics Co

Changan Minsheng APLL Logistics Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the logistics industry. It is associated with China Changan Automobile Group Co., Ltd., a company that holds approximately 25.44% of its share capital, and is indirectly controlled by China South Industries Group Co., Ltd.

See more insights into 1292 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App