Brief: Gemini Investments enters into capitalisation and subscription agreement

Gemini Investments Holdings

27/01/2017 06:40

Jan 27 (Reuters) - Gemini Investments Holdings Ltd  0174.HK  
    * Entered into capitalisation and subscription agreement 
with  grand beauty management ltd 
    * Subscription price is hk$3.0 per convertible preference 
share 
    * Agreed to issue and subscriber has conditionally agreed to 
subscribe for up to a maximum of 597.2 million new convertible 
preference shares 
    * Consideration for subscription of convertible preference 
shares will be satisfied in full by capitalising shareholder's 
loan in principal amount of hk$1.78 billion 
 
Source text for Eikon:  ID:nHKS4YN2sY  
Further company coverage:  0174.HK  
 
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