Brief: Shanghai Industrial Says Proposed Subscription Of Exchangeable Bonds
Oct 5 (Reuters) - Shanghai Industrial 0363.HK :
* PROPOSED SUBSCRIPTION OF EXCHANGEABLE BONDS IN RESPECT OF
SHARES
IN CANVEST ENVIRONMENTAL PROTECTION
* EXCHANGEABLE BONDS IN PRINCIPAL AMOUNT OF HK$1.64 BILLION
* EXCHANGEABLE BONDS WILL ENTITLE HOLDER THEREOF TO EXCHANGE
FOR
NOT MORE THAN 244 MILLION CANVEST SHARES
* EXCHANGE AT INITIAL EXCHANGE PRICE OF HK$6.71 AT DATE OF
EXERCISING
Further company coverage: 0363.HK
((Reuters.Briefs@thomsonreuters.com;))
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