Brief: China Fortune Financial Group updates on subscription of convertible bonds

GoFintech Quantum Innovation

21/09/2016 14:57

Sept 21 (Reuters) - China Fortune Financial Group Ltd 
 0290.HK : 
    * Company and subscriber entered into subscription agreement 
    * Company conditionally agreed to issue, convertible bonds 
with an aggregate principal amount of HK$390 million 
    * Credit arising from capital reduction in amount of 
hk$307.7 million be applied towards offsetting accumulated 
losses of company 
    * Upon full conversion of convertible bonds at conversion 
price, a total of 6.50 billion conversion shares will be issued 
 
Source text for Eikon:  ID:nHKS7q7ZkQ  
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