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Brief: Irico Group New Energy Co issues new H shares worth RMB500 mln to Zhangjiagang Investment

Oct 16 (Reuters) - Irico Group New Energy Co Ltd  0438.HK : 
    * Entered subscription deal with Zhangjiagang Investment for 
proposed subscription of new H shares by Zhangjiagang 
    * Conditionally agreed to allot & issue, not more than 500 
million new H shares at consideration RMB500 million to 
Zhangjiagang 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2rT8CD 
Further company coverage:  0438.HK  
 
 (bangalore.newsroom@thomsonreuters.com)

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