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Changyou International Announces Director’s Involvement in Yuan Heng Gas Legal Proceedings

Story Highlights
  • Changyou International announced a change in information about its director, Mr. Wong.
  • Yuan Heng Gas, where Mr. Wong is also a director, is seeking creditor approval for a scheme of arrangement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Changyou International Announces Director’s Involvement in Yuan Heng Gas Legal Proceedings

Confident Investing Starts Here:

Changyou Alliance ( (HK:1039) ) has issued an announcement.

Changyou International Group Limited, a company listed on the Hong Kong Stock Exchange, announced a change in information regarding one of its independent non-executive directors, Mr. Wong Chi Keung. Mr. Wong, who also serves as an independent non-executive director for Yuan Heng Gas Holdings Limited, informed Changyou that Yuan Heng Gas has initiated legal proceedings to convene a meeting of its creditors to consider a proposed scheme of arrangement. This development may have implications for Yuan Heng Gas’s operations and its stakeholders, although the outcome remains uncertain.

More about Changyou Alliance

YTD Price Performance: -5.00%

Average Trading Volume: 165,771

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$103.2M

See more data about 1039 stock on TipRanks’ Stock Analysis page.

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