Brief: Kingboard Holdings Ltd Announces On-Market Share Buy-Back

Kingboard Holdings

25/09/2019 16:49

Sept 25 (Reuters) - Kingboard Holdings Ltd  0148.HK :
    * ANNOUNCES ON-MARKET SHARE BUY-BACK
    * CURRENTLY ENVISAGES THAT IT WOULD NOT INCUR MORE THAN
HK$500
MILLION FOR PROPOSED SHARE BUY-BACK
    * WHILE UNDER SHARE BUY-BACK MANDATE, CO IS AUTHORISED TO
BUY BACK
ABOUT 10% OF TOTAL NUMBER OF SHARES IN ISSUE

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL6qQSnC
Further company coverage:  0148.HK 

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