Brief: Jiangxi Bank Enters Creditor's Rights Transfer Deal

Jiangxi Bank

27/09/2020 19:15

Sept 27 (Reuters) - Jiangxi Bank Co Ltd  1916.HK :
    * ENTERS CREDITOR'S RIGHTS TRANSFER DEAL & ASSET MANAGEMENT
PLAN
INCOME RIGHTS TRANSFER CONTRACT
    * AGREEMENT WITH JIANGXI RUIJING FINANCIAL ASSETS MANAGEMENT
    * BANK TO TRANSFER LEGALLY-OWNED LOAN-RELATED CREDITOR'S
RIGHTS &
THEIR ANCILLARY INTERESTS TO RUIJING FOR RMB3.55 BILLION
    * TO TRANSFER ALL OF LEGALLY-OWNED INCOME RIGHTS GENERATED
FROM
ENTRUSTED ASSETS UNDER CONTRACT TO RUIJING AT RMB500 MILLION

Source text for Eikon:  ID:nHKS9d9gnF 
Further company coverage:  1916.HK 

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