Brief: Origin Agritech Says Entered Share Subscription Agreement With Longhan Investment Management
22/10/2018 12:08
Oct 22 (Reuters) - Origin Agritech Ltd SEED.O :
* ORIGIN AGRITECH ANNOUNCES A NEW STRATEGIC INVESTOR
* ORIGIN AGRITECH LTD - ENTERED INTO A SHARE SUBSCRIPTION
AGREEMENT WITH LONGHAN INVESTMENT MANAGEMENT
* ORIGIN AGRITECH LTD - UNDER THIS AGREEMENT, LONGHAN WILL
PURCHASE ABOUT 1.4 MILLION SHARES OF COMMON STOCK FOR AN
AGGREGATE PURCHASE PRICE OF US$7.7 MILLION
Source text for Eikon: ID:nPn50WM8Ta
Further company coverage: SEED.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Origin Agritech
See all newsBrief: Origin Agritech Ltd Pursuing Organic Growth ,Evaluating M&A Opportunities In China,Southeast Asia, Supported By Our International Capital Platform
Brief: Origin Agritech Announces Strategic Provincial Distribution Agreement For Corn Seeds In Shandong Province And Receives RMB 2.9 Million In Initial Payments
NASDAQ RESUMED AT 10:43 AM
NASDAQ TRADE HALT VOLATILITY TRADING PAUSE AT 10:38 AM
Brief: Origin Agritech Strengthens Liquidity By Selling Its Xinjiang Seed Subsidiary And Leasing Back The Production Base