Guangzhou Automobile Company (GAC) has submitted an application for a listing of its shares to the Hong Kong’s Stock Exchange indicating plans to sell stock and to acquire outstanding shares of affiliate Denway Motors Limited. China Lounge Investments Limited, a wholly-owned subsidiary of GAC, is already a substantial shareholder of Denway Subscribe to Automotive World … Continued
Guangzhou Automobile Company (GAC) has submitted an application for a listing of its shares to the Hong Kong’s Stock Exchange indicating plans to sell stock and to acquire outstanding shares of affiliate Denway Motors Limited.
China Lounge Investments Limited, a wholly-owned subsidiary of GAC, is already a substantial shareholder of Denway
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https://www.automotiveworld.com/articles/80507-china-guangzhou-auto-eyes-remaining-denway-stake/
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