Big Banc Split Corp T.BNK

Can anyone make sense of this press release

[LongRoad]

https://static.sse.com.cn/disclosure/listedinfo/announcement/c/2016-08-20/600759_20160820_3.pdf

Geo-Jade issued a press release today referencing Bankers Petroleum and a restructuring that they are undertaking.

Can someone clarify what it means.

[Quinto5]

This is old stuff. Enough said. T   Stock Code: 600 759 securities referred to: Intercontinental Oil Bulletin Number: Provisional No. 2016-065 Intercontinental Petroleum Corp. Significant progress in asset restructuring announcement The Board of Directors and the Directors to ensure that this announcement does not contain any false, misleading statements or material

[LongRoad]

The press release is dated August 19th. Should we interpret this to mean that Geo-Jade has completed their internal restructuring so they can complete the acquisition of Bankers? Was this a step SAFE might have been waiting for before approving the release of funds?

[BargainHunter88]

Below is the translation of content relevant to BNK aquisition. “” ......................................................................................................................................................................................................................... ...............................................................................................................