Brief: Bank Of Jinzhou Co entered into placing agreement

Bank of Jinzhou Co

16/12/2016 14:53

Dec 16 (Reuters) - Bank Of Jinzhou Co Ltd  0416.HK  
    * Placing shares comprise up to 1 billion new H shares to be 
allotted and issued by bank with an aggregate nominal value of 
rmb1 billion 
    * Net proceeds from placing will be approximately hk$7.4 
billion 
    * Bank intends to use net proceeds from placing to replenish 
core tier 1 capital of bank 
    * Bank and placing agents entered into placing agreement 
 
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