Brief: Asia Investment Finance Group says entered into subscription framework agreement

International Genius Co

27/12/2016 11:27

Dec 27 (Reuters) - Asia Investment Finance Group Ltd 
 0033.HK : 
    * Company and Citic Merchant entered into subscription 
framework agreement 
    * Citic Merchant intended to subscribe for convertible bonds 
in an aggregate principal amount of HK$75 million. 
    * Net proceeds from subscription will be applied to 
establishment of joint venture company 
    * Total registered capital of JV is HK$150 million 
    * Joint venture company will be owned as to 51% by company 
and 49% by Citic Merchant 
 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS897Jyh 
Further company coverage:  0033.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))