Brief: China Risun's Unit, Others To Subscribe For Capital Of Inner Mongolia Zhongran

China Risun

21/08/2019 24:04

Aug 21 (Reuters) - China Risun Group Ltd  1907.HK :
    * UNIT, TIANJIN BAISEN & HUHEHAOTE ZHONGRAN TO SUBSCRIBE FOR
RMB68.75 MILLION, RMB12.5 MILLION & RMB18.75 MILLION TO CAPITAL
OF INNER MONGOLIA ZHONGRAN
    * UPON COMPLETION OF TRANSACTION, REGISTERED CAPITAL OF
INNER
MONGOLIA ZHONGRAN WILL INCREASE FROM RMB25 MILLION TO RMB125
MILLION
    * UPON COMPLETION, UNIT, TIANJIN BAISEN & HUHEHAOTE ZHONGRAN
WILL
HOLD 55%, 15% AND 30% STAKE IN INNER MONGOLIA ZHONGRAN

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Further company coverage:  1907.HK 

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