Brief: Shenzhen International Holdings Proposes Increase In Shareholding By Controlling Shareholder

Shenzhen International Holdings

18/09/2018 12:30

Sept 18 (Reuters) - Shenzhen International Holdings Ltd
 0152.HK :
    * PROPOSES INCREASE IN SHAREHOLDING BY CONTROLLING
SHAREHOLDER
    * CONTROLLING SHAREHOLDER WILL ACQUIRE H SHARES OF CO
THROUGH
ADVANCE GREAT LTD DURING 6-MONTH PERIOD FROM 14 SEPT
    * NUMBER OF SHARES CONTROLLING  IS GOING TO ACQUIRE WILL NOT
BE
MORE THAN 2% OF TOTAL SHARE CAPITAL OF CO PRIOR TO ACQUISITION
    * AGGREGATE AMOUNT OF FUNDS INTENDED FOR ACQUISITION SHALL
NOT
EXCEED HK$400 MILLION

Source text for Eikon:  ID:nHKS8CRJ5M 
Further company coverage:  0152.HK 

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