Brief: FDG Electric Vehicles Announces Settlement Agreement Regarding Subscription Of New Shares By Subscriber
25/01/2019 11:00
Jan 25 (Reuters) - FDG Electric Vehicles Ltd 0729.HK :
* TERMINATES SUBSCRIPTION AGREEMENT REGARDING SUBSCRIPTION
OF NEW
SHARES UNDER SPECIFIC MANDATE BY JIN ZHENG YUAN (HK) HOLDING CO
* POST TERMINATION, SUBSCRIBER TO PROVIDE LOAN FACILITIES
OF
RMB87 MILLION , RMB50 MILLION AND RMB100 MILLION RESPECTIVELY TO
CO
Source text for Eikon: urn:newsml:reuters.com:*:nHKSrkNMz
Further company coverage: 0729.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on FDG Electric Vehicles
See all newsBrief: FDG Electric Vehicles Says No Formal Restructuring Proposal Or Agreement Entered By Co
BlackRock sells $200 mln China Telecom stake after U.S. ban (updated)
Brief: FDG Electric Vehicles Announces Of Bankruptcy Proceedings Against A Unit
Factbox: Electric delivery vehicle makers and major orders in the works
Focus: Pandemic e-commerce surge spurs race for 'Tesla-like' electric delivery vans