Brief: JY Grandmark Enters Into Purchase Agreement With Haitong International
21/01/2022 14:59
Jan 21 (Reuters) - JY Grandmark Holdings Ltd 2231.HK :
* CO AND SUBSIDIARY GUARANTORS ENTERED INTO PURCHASE
AGREEMENT
WITH HAITONG INTERNATIONAL RELATED TO CONCURRENT NEW MONEY
ISSUANCE
* GROUP INTENDS TO USE NET CASH PROCEEDS FROM CONCURRENT NEW
MONEY
ISSUANCE TO ACQUIRE OR DEVELOP PROPERTY PROJECTS
* WILL SEEK A LISTING OF NEW NOTES AND ADDITIONAL NEW NOTES,
TOTALLING US$152.1 MILLION ON STOCK EXCHANGE
Source text for Eikon: ID:nHKS4y3nrP
Further company coverage: 2231.HK
((Reuters.Briefs@thomsonreuters.com;))
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