2 stories mentioning SHE:002774Updated just now
Every FINWIRES story that references SHE:002774, newest first.
IFE Elevators (SHE:002774) unit, Dongguan Kone Development Investment, will reduce its registered capital by 11 million yuan to optimize its capital structure and resource allocation.Following the reduction, Kone Elevator will continue to hold a 100% stake in the unit, according to a Tuesday filing.IFE's shares rose 3% in recent trade.
IFE Elevators Co (SHE:002774) has received board approval to dissolve its wholly owned subsidiaries Dongguan Kuaian Technology Co, and Luoyang Kuaidi Elevator Co, according to a Wednesday filing on the Shenzhen bourse.The subsidiaries are being dissolved to optimize the company's operating capital structure, and their dissolution is not expected to adversely impact the company's overall business, production and operation development, or sustainable profitability.
