Brief: China Properties Investment updates on possible open offer

China Properties Investment Holdings

09/03/2016 11:17

March 9 (Reuters) - China Properties Investment Holdings Ltd  0736.HK : 
 * As of March 9 no concrete terms have been reached and no legally binding agreement has been entered into 
 * says is exploring the possibility of a fund raising exercise by way of open offer 
 * says possible open offer on the preliminary basis of six offer shares for one share of the company held 
 
 * Source text for Eikon  ID:nHKSHnv5L  
 
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