Brief: China Traditional Chinese Medicine Holdings To Issue Shares To Ping An Life Insurance

China Traditional Chinese Medicine Holdings Co

19/03/2018 15:24

March 19 (Reuters) - China Traditional Chinese Medicine
Holdings Co Ltd  0570.HK :
    * CO TO ALLOT AND ISSUE 604.3 MILLION SUBSCRIPTION SHARES
FOR
HK$2.68 BILLION, AT HK$4.43 PER SHARE​
    * ‍PING AN LIFE INSURANCE TO SUBSCRIBE FOR 604.3 MILLION
SHARES OF
CO AT HK$4.43 PER SHARE
    * NET PROCEEDS FROM SUBSCRIPTION EXPECTED TO BE ABOUT
HK$2.67
BILLION​

Source text for Eikon:  ID:nHKSc8TQT3 
Further company coverage:  0570.HK 

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