Brief: Shah Capital - Sent Letter To China Yuchai International With Proposals To Be Discussed At AGM

China Yuchai International

24/05/2018 13:29

May 24 (Reuters) - China Yuchai International Ltd  CYD.N :
    * SHAH CAPITAL - SENT LETTER TO CHINA YUCHAI INTERNATIONAL'S
DIRECTORS ON MAY 23 WITH PROPOSALS TO BE DISCUSSED AT UPCOMING
JUNE 2018 AGM - SEC FILING
    * SHAH CAPITAL - PROPOSAL SAYS CYI SHOULD CONSIDER
ESTABLISHING A
FINANCIAL LEASING CO BY ITSELF/ IN PARTNERSHIP WITH CHINESE
FINANCIAL ENTITY
    * SHAH CAPITAL - PROPOSAL SAYS CHINA YUCHAI INTERNATIONAL
SHOULD
CONSIDER DUAL LISTING IN HONG KONG OR SHENZHEN/SHANGHAI
    * SHAH CAPITAL - PROPOSAL SAYS CHINA YUCHAI INTERNATIONAL
SHOULD
CONSIDER ADDING/CHANGING CURRENT BOD AND TOP MANAGEMENT
    * SHAH CAPITAL SAYS IS THIRD LARGEST SHAREHOLDER WITH 8
PERCENT OF
OUTSTANDING SHARES OF CHINA YUCHAI INTERNATIONAL
    * SHAH CAPITAL - PROPOSAL INCLUDES THAT CYI BOD SHOULD
RETAIN AN
INVESTMENT ADVISORY FIRM IMMEDIATELY WITH GOAL TO HAVE IT
INCLUDED IN PASSIVE INDICES

Source text: (https://bit.ly/2KPXAQd)
Further company coverage:  CYD.N 

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