Brief: Nan Hai Corporation Says Units, Ningbo Yishan & Guangdong Dadi Enter Capital Injection Deal

Nan Hai

24/12/2019 12:14

Dec 24 (Reuters) - Nan Hai Corporation Ltd  0680.HK :
    * DADI CINEMA (HK), DADI CENTURY, NINGBO YISHAN & GUANGDONG
DADI
ENTERED INTO CAPITAL INJECTION AGREEMENT
    * AGREEMENT ON CAPITAL INJECTION OF RMB1.20 BILLION INTO
REGISTERED CAPITAL OF GUANGDONG DADI BY DADI CINEMA (HK) & DADI
CENTURY
    * REGISTERED CAPITAL OF GUANGDONG DADI WILL BE INCREASED
FROM
RMB1.15 BILLION TO RMB2.35 BILLION
    * POST TRANSACTION,STAKE OF DADI CINEMA(HK),DADI
CENTURY&NINGBO
YISHAN IN GUANGDONG DADI TO BE 41.74%, 53.42% & 4.84%,
RESPECTIVELY

Source text for Eikon:  ID:nHKSch8YlX 
Further company coverage:  0680.HK 

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