Haier Smart Home and Haier Electric Group jointly announced the proposed privatization of Haier Electric Group by way of an issuance of new H Shares to be listed on the Hong Kong Stock Exchange

Written by ACN Newswire - Press Releases

HONG KONG, Jul 31, 2020 - (ACN Newswire) - Haier Smart Home Co., Ltd. (600690.SH / 690D.DE, "HSH" or "the Company") and Haier Electric Group Co., Ltd. (1169.HK, "HEG") jointly announced that HSH has formally requested HEG to put forward a proposal ("Privatisation Proposal") to the holders of HEG Shares (other than HSH and any of its wholly-owned

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