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1551 — Guangzhou Rural Commercial Bank News Story

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Brief: Guangzhou Rural Commercial Bank Resolves To Propose Issuance

April 16 (Reuters) - Guangzhou Rural Commercial Bank Co Ltd
 1551.HK :
    * GUANGZHOU RURAL COMMERCIAL BANK - RESOLVED TO  PROPOSE
ISSUANCE
OF NOT MORE THAN 1.34 BILLION DOMESTIC SHARES & NOT MORE THAN
305 MILLION H SHARES
    * GUANGZHOU RURAL COMMERCIAL BANK -NET PROCEEDS RAISED FROM
ISSUANCE TO BE ENTIRELY USED TO REPLENISH CORE TIER 1 CAPITAL OF
BANK

Source text for Eikon:  ID:nHKS7t4HbH 
Further company coverage:  1551.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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