Brief: Greater China Financial updates on MOU
22/02/2016 14:57
Feb 22 (Reuters) - Greater China Financial Holdings Ltd 0431.HK : * G China fin-inside information: memorandum of understanding in relation to a potential acquisition of an asset management company 0431.HK * Preliminary valuation of Shanghai dangtian asset is estimated to be not more than hk$3 billion * Champion well and Shanghai dangtian asset entered into a non-legally binding mou for the equity subscription * Pursuant to mou, champion well would subscribe not more than 20% of enlarged equity interest of Shanghai dangtian asset * Source text for Eikon ID:nHKS5CW8nL ((For more news, please click here 0431.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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