WH Group Ltd. Retains 87.8% Stake in Smithfield Subsidiary After Secondary Offering
Reuters
Sep 05
WH Group Ltd. Retains 87.8% Stake in Smithfield Subsidiary After Secondary Offering
WH Group Ltd. has announced the completion of the Smithfield Secondary Offering, involving its indirect non-wholly owned subsidiary, Smithfield, which is incorporated in the Commonwealth of Virginia, United States. Following the offering, WH Group retains approximately 87.8% of Smithfield's common stock, maintaining Smithfield as a subsidiary of the company. The secondary offering constitutes a disposal of interest in the subsidiary under the Listing Rules governing securities on The Stock Exchange of Hong Kong Limited.
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