Brief: Beijing Properties (Holdings) Unit CIPGL Enters Subscription Agreement

Beijing Properties (Holdings)

15/12/2017 08:55

Dec 15 (Reuters) - Beijing Properties (Holdings) Ltd 
 0925.HK : 
    * CIPGL, RED SUPREME & CHAMPION YIELD INTERNATIONAL TO 
SUBSCRIBE 
FOR SHARES CIPHL FOR TOTAL OF RMB200 MILLION 
    * GROUP INTENDS TO USE PROCEEDS FROM SUBSCRIPTION AND 
OPTIONS IN 
FUNDING REQUIREMENT OF REGISTERED CAPITAL OF JIANGSU 
    * UPON COMPLETION, EQUITY INTEREST IN CHINA INDUSTRIAL 
PROPERTIES 
(HOLDINGS) LIMITED HELD BY GROUP WILL BE 86.24% 
 
Source text for Eikon:  ID:nHKS3pDnFX  
Further company coverage:  0925.HK  
 
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