Brief: China City Railway Transportation Technology Holdings Co enters subscription agreement
31/08/2016 15:14
Aug 31 (Reuters) - China City Railway Transportation Technology Holdings Co Ltd 1522.HK : * On 29 August 2016, the company entered into the subscription agreement with the subscriber * Deal for subscription price of hk$1.35 per subscription share * Net proceeds of the subscription will amount to approximately hk$902.62 million. * Subscriber agreed to subscribe for and company agreed to allot and issue 669.1 million new shares * Application has been made for resumption of trading in the shares with effect from 9:00 a.m. on 1 September * Source text for Eikon ID:nSNZWlLwg * ((Further company coverage: 1522.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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