Brief: China First Capital Entered Into Settlement Agreements With Creditors
June 7 (Reuters) - China First Capital Group Ltd 1269.HK :
* CHINA FIRST CAPITAL GROUP LTD - ENTERED INTO SETTLEMENT
AGREEMENTS WITH CREDITORS
* CHINA FIRST CAPITAL - TO ALLOT & ISSUE TO CREDITORS AN
AGGREGATE
OF 466.8 MILLION CONSIDERATION SHARES AT SUBSCRIPTION PRICE OF
HK$0.045 PER SHARE
* CHINA FIRST CAPITAL-SUBSCRIPTION AMOUNT PAYABLE BY
CREDITORS
UNDER AGREEMENTS SHALL BE SATISFIED BY CAPITALISING INDEBTED
AMOUNT DUE FROM CO
Further company coverage: 1269.HK
(Reuters.briefs@thomsonreuters.com)
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