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    2357 — AviChina Industry & Technology Co News Story

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    Brief: AviChina Industry & Technology Updates On Subscription Of Shares & Disposal Of Equity Interest

    Picture of AviChina Industry & Technology Co logoAviChina Industry & Technology Co
    06/11/2018 10:02
    Nov 6 (Reuters) - AviChina Industry & Technology Co Ltd
 2357.HK :
    * AVICHINA HONG KONG ENTERED INTO SUBSCRIPTION AGREEMENT
WITH AVIC
CABIN AND AVIC CAPITAL INTERNATIONAL
    * AVIC CABIN TO ALLOT AND ISSUE AGGREGATE 276.3 MILLION
SHARES TO
AVICHINA HONG KONG AND AVIC CAPITAL INTERNATIONAL
    * AVICHINA HONG KONG & AVIC CAPITAL TO SUBSCRIBE FOR 138.1
MILLION
SHARES OF AVIC CABIN FOR RMB500 MILLION, RESPECTIVELY
    * CO, AVIC LIFE-SUPPORT & AVIC INTERNATIONAL DEVELOPMENT TO
TRANSFER ALL EQUITY INTEREST IN ALI-JIATAI TO AVIC CABIN
    * AVIC CABIN TO SATISFY CONSIDERATION FOR ALI-JIATAI
AGREEMENT BY
15.8 MILLION, 34.6 MILLION, 6.4 MILLION SHARES OF AVIC CABIN

Source text for Eikon:  ID:nHKS1V8F5V 
Further company coverage:  2357.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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