Brief: U Banquet Group Holding Signs New Subscription Deal With China Aerospace Environmental Holdings Group
29/03/2019 13:40
March 29 (Reuters) - U Banquet Group Holding Ltd 1483.HK :
* CO & CASIC INVESTMENT FUND MANAGEMENT (BEIJING) HAVE
MUTUALLY
AGREED TO TERMINATE FORMER SUBSCRIPTION AGREEMENT
* COMPANY ENTERED INTO NEW SUBSCRIPTION AGREEMENT WITH CHINA
AEROSPACE ENVIRONMENTAL HOLDINGS GROUP
* CHINA AEROSPACE ENVIRONMENTAL HOLDINGS GROUP TO SUBSCRIBE
FOR 30
MILLION NEW SHARES AT HK$1.70 PER SUBSCRIPTION SHARE
* NET PROCEEDS FROM SUBSCRIPTION WITH CHINA AEROSPACE
ENVIRONMENTAL HOLDINGS GROUP ESTIMATED TO BE ABOUT HK$49.6
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS9cfB7b
Further company coverage: 1483.HK
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