BRIEF-Brilliance China Automotive Announces Update On Restructuring Of Controlling Shareholder

Reuters02-05

Feb 5 (Reuters) - Brilliance China Automotive Holdings Ltd :

* UPDATE ON RESTRUCTURING OF CONTROLLING SHAREHOLDER

* INFORMED PROPOSED DISPOSAL OF 0.44% STAKE HELD BY UNIT BY WAY OF AUCTION SALE TERMINATED

* LIAONING XINRUI WILL COMPLETE DISPOSAL OF 0.44% STAKE THROUGH OTHER MEANS AS PART OF HUACHEN RESTRUCTURING

* INFORMED BY HUACHEN PLAN FOR HUACHEN RESTRUCTURING AS APPROVED BY COURT

* SHENYANG AUTOMOBILE ENTERED CONDITIONAL INVESTMENT AGREEMENT TO ACQUIRE 100% STAKE IN HUACHEN

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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