Brief: China Nonferrous Metal Plans To Buy 74.5% Stake In China Nonferrous Mining Via Share Issue

China Nonferrous Mining

18/10/2019 13:45

Oct 18 (Reuters) - China Nonferrous Metal Industry's Foreign
Engineering and Construction Co Ltd  000758.SZ :
    * SAYS IT PLANS TO BUY 74.52% STAKE IN CHINA NONFERROUS
MINING
 1258.HK  VIA SHARE ISSUE
    * SAYS IT PLANS SHARE PRIVATE PLACEMENT TO FUND COPPER
PROJECTS,
REPLENISH CAPITAL AND REPAY LOANS
    * SAYS CHINA NONFERROUS MINING WILL BECOME CO'S UNIT AFTER
THE
TRANSACTION
    * SAYS TRADING OF SHARES TO RESUME ON OCT 21

Source text in Chinese: https://bit.ly/31qZG11;
https://bit.ly/2OWrkjJ
Further company coverage:  000758.SZ  1258.HK 

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@thomsonreuters.com; 852-2841 5763;))