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697 Shoucheng Holdings News Story

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Brief: Shougang Concord International Enterprises Co Says Co To Issue 1.50 Bln Subscription Shares

Nov 29 (Reuters) - Shougang Concord International
Enterprises Co Ltd  0697.HK :
    * JD FOUNTAIN TO SUBSCRIBE FOR,CO TO ISSUE 1.50 BILLION
SUBSCRIPTION SHARES AT PRICE OF HK$0.3 PER SHARE
    * TOTAL CONSIDERATION PAYABLE BY JD FOUNTAIN UNDER
SUBSCRIPTION
AGREEMENT AMOUNTS TO HK$450 MILLION

Source text for Eikon:  ID:nHKS8KMT5k 
Further company coverage:  0697.HK 

 (Reuters.Briefs@thomsonreuters.com)

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