Titan Media App reported on August 15 that Yum China Holdings Limited (NYSE: YUMC and HKEX: 9987) announced today that the company has applied to list its shares on The Stock Exchange of Hong Kong Limited ("HKEx"). ”) Voluntary conversion of secondary listing status on the Main Board to primary listing (“Main Listing Conversion Plan”). On 15 August 2022, the Company received confirmation of receipt of the application from the Hong Kong Stock Exchange for the main listing conversion program. In order to comply with the Hong Kong Listing Rules applicable to dual primary listed issuers, the Company will hold an extraordinary general meeting of shareholders (the "Extraordinary General Meeting") on 11 October 2022, Beijing/Hong Kong time, to seek shareholders' approval for certain proposed resolutions. The Company will become a dual primary listed company on the New York Stock Exchange (“NYSE”) and the Hong Kong Stock Exchange, subject to the approval of all proposed proposals by shareholders at the EGM and the necessary approvals from the Hong Kong Stock Exchange. The effective date of the main listing conversion plan is expected to be October 24, 2022. The Company's common shares on both exchanges will continue to be fully interchangeable, and investors will continue to have the option of buying and selling their shares on either exchange.
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