Brief: China Lending Enters Agreement To Acquire Equity Interests In Cayman Lixin

Roan Holdings

17/06/2019 12:18

June 17 (Reuters) - China Lending Corp  CLDC.O :
    * CHINA LENDING ENTERS INTO AGREEMENT TO ACQUIRE EQUITY
INTERESTS
IN CAYMAN LIXIN
    * CHINA LENDING CORP -  ENTERED SHARE PURCHASE AGREEMENT TO
ACQUIRE 65.0177% EQUITY INTERESTS IN LIXIN FINANCIAL HOLDINGS
GROUP LIMITED
    * CHINA LENDING CORP - TO ACQUIRE 65.0177% EQUITY INTERESTS
IN
LIXIN FINANCIAL HOLDINGS GROUP LIMITED
    * CHINA LENDING CORP - DEAL FOR A TOTAL CONSIDERATION OF
RMB276
MILLION
    * CHINA LENDING - ELECTED TO BE EXEMPTED FROM SHAREHOLDER
APPROVAL
REQUIREMENT UNDER RULES OF NASDAQ STOCK MARKET FOR PROPOSED DEAL
    * CHINA LENDING - MAY ACQUIRE REMAINING 34.9823% EQUITY
INTERESTS
IN CAYMAN LIXIN, SUBJECT TO CONDITIONS

Source text for Eikon:  ID:nPnc8DbXra 
Further company coverage:  CLDC.O 

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