United States

China Zhongwang Holdings updates on proposed spin-off and proposed placement<1333.HK>

Tuesday, 6 Sep 2016 07:01pm EDT 

China Zhongwang Holdings Ltd <1333.HK>: Inside information - further announcement on the proposed spin-off and proposed placement <1333.HK> . Says cred holding will not proceed with the proposed placement . Says accordingly, the assets restructuring and the proposed spin-off may or may not take place .