Brief: Royale Home Announces Capital Injection Agreement With China Finance Leasing And Science City

Royale Home Holdings

23/12/2020 15:37

Dec 23 (Reuters) - Royale Home Holdings Ltd  1198.HK :
    * UNIT ENTERED CAPITAL INJECTION AGREEMENT WITH CHINA
FINANCE
LEASING AND SCIENCE CITY
    * CHINA FINANCE LEASING AGREED TO WAIVE PRE-EMPTIVE RIGHTS
IN
MAKING CAPITAL INJECTION IN SCIENCE CITY (GUANGZHOU) FINANCE AND
LEASING CO.
    * POST CAPITAL INJECTIONS, REGISTERED CAPITAL OF SCIENCE
CITY
(GUANGZHOU) FINANCE & LEASING CO WILL INCREASE TO RMB600 MILLION
    * SCIENCE CITY TO INJECT RMB225 MILLION INTO SCIENCE CITY
(GUANGZHOU) FINANCE AND LEASING
    * COMFORT SOFA LTD TO MAKE CAPITAL INJECTION OF RMB75
MILLION INTO
SCIENCE CITY (GUANGZHOU) FINANCE AND LEASING CO
    * SCIENCE CITY (GUANGZHOU) FINANCE AND LEASING'S STAKE TO BE
HELD
AS TO 22.5% BY COMFORT SOFA LTD

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1X9bGf
Further company coverage:  1198.HK 

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