Brief: Asia Investment Finance says JV agreement with CITIC Merchants has been terminated
Sept 1 (Reuters) - Asia Investment Finance Group Ltd
0033.HK
* As co and Citic Merchant have not reached consensus to
enter into formal agreement, JV framework agreement has
terminated
* Board considers lapse of subscription framework agreement
to have no material impact on group
* Lapse of framework agreements for subscription of zero
coupon convertible bonds by CITIC Merchant and formation of jv
co
Source (http://bit.ly/2euMaa9)
Further company coverage: 0033.HK
((Bangalore.newsroom@thomsonreuters.com;))
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