Brief: China Tonghai International Financial Says Unit Entered Into Hedging Contract With Xinghai Pacific Investment

Quam Plus International Financial

17/06/2020 15:24

June 17 (Reuters) - China Tonghai International Financial
Ltd  0952.HK :
    * UNIT SUBSCRIBED TO 154.3 MILLION GUOTAI JUNAN
INTERNATIONAL
HOLDINGS SHARES AT PRICE OF HK$1.45 PER GTJA SHARE
    * UNIT TO PAY NON-REFUNDABLE CASH AMOUNT OF HK$15 MILLION TO
XINGHAI PACIFIC INVESTMENT LTD ON COMPLETION DATE
    * ON 17 JUNE UNIT ENTERED INTO HEDGING CONTRACT WITH XINGHAI
PACIFIC INVESTMENT FOR HEDGING OF REFERENCE SHARES
    * HEDGING CONTRACT IN RELATION TO 154.3 MILLION GTJA SHARES
SUBSCRIBED TO ON MARCH 16

Source text for Eikon:  ID:nHKSBR7JB 
Further company coverage:  0952.HK 

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