Brief: New City Development Group's Unit To Acquire Gold Channel Holdings & Shareholder's Loan
18/02/2019 24:58
Feb 18 (Reuters) - New City Development Group Ltd 0456.HK :
* UNIT TO ACQUIRE 1 SHARE OF GOLD CHANNEL HOLDINGS AND
SHAREHOLDER'S LOAN FROM JUNYI INVESTMENT
* DEAL FOR RMB450 MILLION, SETTLED BY ALLOTMENT OF 638.9
MILLION
SHARES AT HK$0.818 PER SHARE
Source text for Eikon: urn:newsml:reuters.com:*:nHKSmBQnJ
Further company coverage: 0456.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on New City Development
See all newsBrief: New City Development Says Receivers In Discussions With Potential Purchasers, No Binding Agreement Entered
Brief: New City Development Appoints Luo Zhen As Deputy Chairman
Hong Kong's New City Development Group HY loss widens on higher costs
Chief Executive Officer
Brief: New City Development Receives Indicative Offer For Charged Shares On July 13, 2026