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1293 — Grand Baoxin Auto News Story

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Brief: Baoxin Auto updates on charge of shares by China Grand Auto

Sept 1 (Reuters) - Baoxin Auto Group Ltd  1293.HK : 
 * Notified by China Grand Auto that it executed a share charge over 1.917 billion shares of the company held by it 
 * Share charge in favor of China Merchants Bank Co., Ltd. as the security agent under a syndicated loan facility 
 * Source text: (http://bit.ly/2c30KT7) 
 
 ((Further company coverage:  1293.HK )) 
 ((Bangalore.newsroom@thomsonreuters.com))

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