1:33 min
Management
Transfer
Planned transaction: KraussMaffei Group to receive equity from Sinochem
Sinochem takes the next step in its planned debt-to-equity conversion. CNCE Lux, the parent company of the KraussMaffei Group, is to be transferred to CNCE Group (Hong Kong) Co., Limited, which is a company of Sinochem and will hold 90,76 percent of the shares. As a result, the ...