Brief: Kinetic Development Group Says Acquisition And Subscription Of Shares In Star Idea Enterprises
30/12/2022 15:15
Dec 30 (Reuters) - Kinetic Development Group Ltd
1277.HK :
* ACQUISITION AND SUBSCRIPTION OF SHARES IN STAR IDEA
ENTERPRISES
* SUBSTANTIAL SHAREHOLDER OF CO TO SELL 36,500 SHARES IN
STAR IDEA
ENTERPRISES FOR US$62.8 MILLION
* CO AGREED TO SUBSCRIBE FOR 16,667 NEW SHARES IN STAR IDEA
ENTERPRISES FOR US$28.7 MILLION
Source text for Eikon: ID:nHKS85Qmp8
Further company coverage: 1277.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Kinetic Development
See all newsCoal producer Kinetic Development drops most in four weeks on discounted share sale
Brief: Kinetic Development Group To Place 169.51 Million New Shares At Hk$1.85 Each
Brief: Kinetic Development Posts FY Revenue RMB 779.2 Million
Brief: Kinetic Development Sees Net Profit After Tax To Decrease 50%-60% For FY
Brief: Kinetic Development Says As At Date, Invests RMB1.5 Bln In Yong’An And Weiyi Coal Mine Construction