Brief: Bank Of Gansu Announces Proposed Subscription Of Domestic Shares

Bank of Gansu

17/04/2020 14:58

April 17 (Reuters) - Bank of Gansu Co Ltd  2139.HK :
    * ANNOUNCES PROPOSED SUBSCRIPTION OF DOMESTIC SHARES BY
SUBSTANTIAL SHAREHOLDER SUBSCRIBERS
    * GOT LETTERS OF INTENT FROM GANSU STATE-OWNED ASSETS
INVESTMENT,
GANSU HIGHWAY AVIATION TOURISM, JIUQUAN IRON & STEEL AND
JINCHUAN GROUP
    * GANSU STATE-OWNED ASSETS INVESTMENT EXPRESSED INTENTION TO
SUBSCRIBE FOR ABOUT 41.33% OF TOTAL NUMBER OF DOMESTIC SHARES
    * JIUQUAN IRON & STEEL AND JINCHUAN GROUP EXPRESSED
INTENTION TO
SUBSCRIBE FOR 9.33% & 9.33% OF TOTAL NUMBER OF DOMESTIC SHARES
    * GANSU HIGHWAY AVIATION TOURISM EXPRESSED INTENTION TO
SUBSCRIBE
FOR ABOUT 40.00% OF TOTAL NUMBER OF DOMESTIC SHARES

Source text for Eikon:  ID:nHKSbw04Fr 
Further company coverage:  2139.HK 

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