Brief: Min Xin Says Informed Xiamen International Bank Will Enlarge Its Share Capital
03/12/2020 10:34
Dec 3 (Reuters) - Min Xin Holdings Ltd 0222.HK :
* MIN XIN HOLDINGS- BEEN INFORMED XIAMEN INTERNATIONAL BANK
WILL
ENLARGE ITS SHARE CAPITAL BY ISSUING NOT MORE THAN 1 BILLION NEW
SHARES AT RMB5.66 EACH
* MIN XIN HOLDINGS- UPON COMPLETION OF CAPITAL CONTRIBUTION,
CO'S
SHAREHOLDING IN XIB WILL BE DECREASED FROM ABOUT 9.7635% TO
8.7233%
* MIN XIN HOLDINGS LTD- EXPECTED THAT CO MAY RECORD A
DILUTION
LOSS OF ABOUT HK$70 MILLION IN CONSOLIDATED FINANCIAL STATEMENTS
Source text for Eikon: ID:
Further company coverage: 0222.HK
((Reuters.Briefs@thomsonreuters.com;))
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