Brief: Glory Sun Financial Enters Two Separate Capital Injection Agreements With Unit & Hongxinglaihua Hotel

Renze Harvest International

14/01/2022 13:16

Jan 14 (Reuters) - Glory Sun Financial Group Ltd  1282.HK :
    * ENTERED INTO TWO SEPARATE CAPITAL INJECTION AGREEMENTS
WITH UNIT
AND HONGXINGLAIHUA HOTEL RESPECTIVELY
    * UPON COMPLETION, TOTAL REGISTERED CAPITAL OF SHENZHEN B&K
WILL
INCREASE TO RMB1.50 BILLION
    * BAOKAI INDUSTRIES AND HONGXINGLAIHUA HOTEL TO SUBSCRIBE
FOR 280
MILLION AND 500 MILLION SHARES OF SHENZHEN B&K, RESPECTIVELY
    * SUBSCRIPTION AT RMB1 PER SUBSCRIPTION SHARE

Source text for Eikon:  ID:nHKS7lCMlY 
Further company coverage:  1282.HK 

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