WOER Proposes Public Offering and Transfer to Beijing Stock Exchange for Shanghai Kete

Stock News06:46

Shenzhen Woer Heat-Shrinkable Material Co., Ltd. (WOER) has announced that it is considering a public offering for its non-wholly-owned subsidiary, Shanghai Kete New Materials Co., Ltd. (Shanghai Kete), along with a transfer of listing from the National Equities Exchange and Quotations (NEEQ) to the Beijing Stock Exchange. As of the announcement date, WOER holds a 78.76% stake in Shanghai Kete, making it an indirect non-wholly-owned subsidiary.

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