Brief: Datang Environment Industry Group Enters Capital Increase Agreement
25/05/2020 15:19
May 25 (Reuters) - Datang Environment Industry Group Co Ltd
1272.HK :
* ENTERED CAPITAL INCREASE AGREEMENT WITH DATANG OVERSEAS
HOLDINGS, DATANG OVERSEAS INVESTMENT AMONG OTHERS
* POST CAPITAL INCREASE, REGISTERED CAPITAL OF DATANG
OVERSEAS
TECHNOLOGY WILL INCREASE TO RMB250 MILLION
* CO WILL PAY DATANG OVERSEAS TECHNOLOGY CONSIDERATION OF
RMB20
MILLION
* POST CAPITAL INCREASE, SHAREHOLDING RATIO OF CO IN DATANG
OVERSEAS TECHNOLOGY WILL REMAIN AT 10%
Source text for Eikon: ID:nHKS4pS8Gj
Further company coverage: 1272.HK
(Reuters.Briefs@thomsonreuters.com)
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