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According to the Zhitong Finance App, OCT (Asia) (03366.HK) announced that the Group plans to sell 100% of the shares in OCT (Changshu) Industrial through a designated exchange through a public listing. According to China's laws and regulations on the disposal of state-owned assets, since the seller is a state-owned holding enterprise, potential sales matters (if implemented) will have to go through a public listing process through a qualified equity trading agency.
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According to the Zhitong Finance App, OCT (Asia) (03366.HK) announced that the Group plans to sell 100% of the shares in OCT (Changshu) Industrial through a designated exchange through a public listing. According to China's laws and regulations on the disposal of state-owned assets, since the seller is a state-owned holding enterprise, potential sales matters (if implemented) will have to go through a public listing process through a qualified equity trading agency.
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