Every Spin-Off
KRP Development Holdings
2421 HKCompletedHKDevelops and sells residential and commercial property in Guangdong, China.
Karrie International spun off its PRC property development arm KRP Development by a distribution in specie of 1 KRP share for every 4 Karrie shares (record date 17 March 2023), with KRP listed by introduction on the Main Board of HKEX.
- Distribution date
- 23 Mar 2023
- Structure
- Spin-off
- Parent
- Karrie International Holdings (1050 HK)
- Spin-off ticker
- 2421 HK
- Listing
- Main Board of HKEX
- Market
- Hong Kong
- Sector
- Real estate
- Size
- micro
Source documents
- Press releaseDistribution in specie and timetable (03/03/23)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcefangdalaw.com
- Sourcehkexnews.hk (board meeting notice 02/21/23)
Every Spin-Off research
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