Brief: Guangzhou Rural Commercial Bank Co Announces Investment For Establishment Of Chaozhou Rural Commercial Bank
27/12/2018 14:31
Dec 27 (Reuters) - Guangzhou Rural Commercial Bank Co Ltd
1551.HK :
* ANNOUNCES STRATEGIC INVESTMENT FOR ESTABLISHMENT OF
CHAOZHOU
RURAL COMMERCIAL BANK
* BANK INTENDS TO ESTABLISH CHAOZHOU RURAL COMMERCIAL BANK
THROUGH
MERGER AND RESTRUCTURING
* CO & OTHER PARTIES TO INVEST IN CHAOZHOU RURAL COMMERCIAL
BANK
BY SUBSCRIBING 1,959 MILLION SHARES FOR RMB5,876 MILLION
Source text for Eikon: ID:nHKS6bMLB5
Further company coverage: 1551.HK
((Reuters.Briefs@thomsonreuters.com;))
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