Brief: China Cinda Asset Management To Contribute Maximum of RMB4 Bln To Domestic Shares Of China Huarong

China Cinda Asset Management

17/11/2021 15:06

Nov 17 (Reuters) - China Cinda Asset Management Co Ltd
 1359.HK :
    * CO AND OTHER INVESTORS SEPARATELY ENTERED INTO SHARE
SUBSCRIPTION AGREEMENTS WITH CHINA HUARONG
    * CHINA HUARONG INTENDS TO ISSUE IN AGGREGATE NOT MORE THAN
39.22
BILLION DOMESTIC SHARES AND NOT MORE THAN 1.96 BILLION H SHARES
    * TOTAL NOMINAL VALUE OF SHARES OF ISSUANCE SHALL BE NOT
MORE THAN
RMB41.18 BILLION
    * SHALL CONTRIBUTE NOT MORE THAN RMB4 BILLION TO SUBSCRIBE
FOR NOT
MORE THAN 3.92 BILLION DOMESTIC SHARES IN CASH
    * UPON COMPLETION OF INVESTMENT, CO WILL HOLD 4.89% OF TOTAL
ISSUED SHARE CAPITAL OF CHINA HUARONG

Source text for Eikon:  ID:nHKS6swy4c 
Further company coverage:  1359.HK 

 ((Reuters.Briefs@thomsonreuters.com;))