Brief: Cnnc International's Unit To Make Second Tranche Investment Of RMB250 Mln In CNNC Leasing
12/03/2018 12:11
March 12 (Reuters) - Cnnc International Ltd 2302.HK :
* XHK AND CNNC LEASING ENTERED INTO TRANSFER FRAMEWORK
AGREEMENT
FOR TRANSFER OF CONTRIBUTION RIGHTS
* CONSIDERATION OF CONTRIBUTION RIGHTS IS SUBJECT TO A CAP
OF
RMB3 MILLION
* XHK TO TRANSFER CONTRIBUTION RIGHTS TO UNIT
* UNIT TO MAKE SECOND TRANCHE INVESTMENT IN AMOUNT OF
RMB250
MILLION IN CNNC LEASING SUBJECT TO CONDITIONS
Source text for Eikon: ID:nHKScdd7cd
Further company coverage: 2302.HK
((Reuters.Briefs@thomsonreuters.com;))
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