Brief: Greater China Financial updates on subscription of new shares in Shifang Holding
22/12/2015 22:17
Dec 23 (Reuters) - Greater China Financial Holdings Ltd 0431.HK : * G China fin-discloseable transaction in respect of the subscription of new shares in shifang holding limited 0431.HK * Says aggregate subscription price of hk$32 million * Says on 22 December 2015 the subscriber, entered into the subscription agreement with the target * Subscriber has conditionally agreed to subscribe in cash, for 40 million new shares in the target * Intends to finance the aggregate subscription price from part of the net proceeds of the rights issue * Source text for Eikon ID:nHKSLpczm ((For more news, please click here 0431.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))