Brief: C Cheng Holdings says unit to subscribe for 49 pct of entire stake of ISBIM Ltd
22/11/2017 11:44
Nov 22 (Reuters) - C Cheng Holdings Ltd 1486.HK :
* Unit to subscribe for 49 percent of entire issued share
capital
of ISBIM Ltd
* Consideration to be paid by unit for subscription is
HK$20.6
million
* After completion of subscription, unit to make further
capital
contribution to ISBIM Ltd of not more than HK$13.7 million
Source text for Eikon: ID:nHKS3Dy3Dt
Further company coverage: 1486.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on C Cheng Holdings
See all newsHong Kong's C Cheng Holdings H1 revenue falls on lower contract sums, supplementary contracts
Brief: C Cheng Expects Loss For Six Months Ended 30 June 2026
Brief: C Cheng Expects Net Profit Not Less Than HK$50 Million For HY
Brief: C Cheng Holdings To Raise Gross Proceeds Of Up To HK$14.4 Million By Rights Issue
Brief: C Cheng Holdings Says Shareholders' Agreement