Brief: HC Group To Issue New Shares Of Beijing Panpass On Beijing Stock Exchange Through IPO

HC

24/02/2023 14:10

Feb 24 (Reuters) - HC Group Inc  2280.HK :
    * BEIJING PANPASS WILL ISSUE NEW SHARES ON BEIJING STOCK
EXCHANGE
BY WAY OF AN IPO
    * ALLOTMENT OF SHARES BY BEIJING PANPASS IN PROPOSAL, IF
MATERIALISED, WILL CONSTITUTE DEEMED DISPOSAL OF INTEREST IN
UNIT OF GROUP
    * EXPECTED SIZE OF DEEMED DISPOSAL MAY BE HIGHER THAN 25%
BUT LESS
THAN 75%
    * EXPECTED OFFER PRICE WILL BE NOT LOWER THAN RMB6.5 PER
PANPASS
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Source text for Eikon:  ID:nHKS8QXGwr 
Further company coverage:  2280.HK 
 ((Reuters.Briefs@thomsonreuters.com;))