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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.