Brief: Shenzhen Investment Proposes To Use Up To HK$100 Mln For Share Repurchase
24/01/2022 09:53
Jan 24 (Reuters) - Shenzhen Investment Ltd 0604.HK :
* PROPOSES TO USE UP TO HK$100 MILLION FOR REPURCHASE OF
SHARES
* CURRENT TRADING PRICE OF SHARES DOES NOT REFLECT CO'S
"INTRINSIC
VALUE AND BUSINESS PROSPECTS"
* CO WILL FINANCE REPURCHASE OF SHARES FROM EXISTING
AVAILABLE
CASH RESERVES AND FREE CASH FLOW
Further company coverage: 0604.HK
((Reuters.Briefs@thomsonreuters.com;))
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