Brief: Glory Sun Financial Group Says Hong Kong Bao Da Financial To Contribute RMB1.24 Bln To Unit
25/06/2019 02:03
June 25 (Reuters) - Glory Sun Financial Group Ltd 1282.HK :
* HONG KONG BAO DA FINANCIAL HOLDINGS AGREED TO CONTRIBUTE A
TOTAL
OF RMB1.24 BILLION INTO BAOXIN INDUSTRIAL
* UPON COMPLETION, REGISTERED CAPITAL OF BAOXIN INDUSTRIAL
WILL
INCREASE TO RMB1.76 BILLION
* BAOXIN HOLDINGS' STAKE IN BAOXIN INDUSTRIAL WILL DECREASE
FROM
100% TO 85%
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4FKbc5
Further company coverage: 1282.HK
(Reuters.Briefs@thomsonreuters.com)
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