Brief: Applied Development Holdings says subscriber, Tian Yuan and JV enters subscription agreement

Novautek Technologies

12/12/2016 14:08

Dec 12 (Reuters) - Applied Development Holdings Ltd 
 0519.HK  
    * Subscriber agrees to provide interest-free and 
security-free shareholder's loan of hk$200 million to jv upon 
completion 
    * Tian Yuan and subscriber agree to subscribe for 79 new 
shares at us$79.00 and 20 new shares at us$20.00 respectively 
    * Subscriber, Tian Yuan and jv entered into subscription 
agreement 
    * Subscriber is Applied Investment Ltd, Tian Yuan refers to 
China Tian Yuan International Finance Ltd and JV refers to 
Wealth Guide Global Ltd 
 
Source text for Eikon:  ID:nHKS12jkyH  
Further company coverage:  0519.HK  
 
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