Brief: Central China Real Estate Says Joy Bright To Sell 885 Million Shares Of Co
21/07/2022 07:59
July 21 (Reuters) - Central China Real Estate Ltd 0832.HK :
* JOY BRIGHT CONDITIONALLY AGREED TO SELL 885 MILLION SHARES
OF CO
FOR HK$0.7325 PER SHARE
* PROCEEDS OF SHARE SALE WILL BE PROVIDED TO CO IN FORM OF
SHAREHOLDER LOAN
* HAS CONTINUED TO NEGOTIATE WITH INVESTOR IN RELATION TO
PROPOSED
ISSUANCE OF CONVERTIBLE BONDS
Source text for Eikon: ID:nHKS2mQ5D6
Further company coverage: 0832.HK
((Reuters.Briefs@thomsonreuters.com;))
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