Sinolink Worldwide Holdings logo

1168 - Sinolink Worldwide Holdings News Story

HK$0.49 -0.0  -2.0%

Last Trade - 18/10/19

Sector
Financials
Size
Small Cap
Market Cap £171.6m
Enterprise Value £142.6m
Revenue £44.7m
Position in Universe 2037th / 5881

BRIEF-Zhongan Online P & C Insurance Says Zhongan Technology Entered Share Subscription Agreement

Thu 18th July, 2019 3:39pm
July 18 (Reuters) - ZhongAn Online P & C Insurance Co Ltd
 6060.HK :
    * ZHONGAN TECHNOLOGY ENTERED SHARE SUBSCRIPTION AGREEMENT
WITH
SINOLINK AND JVCO
    * SINOLINK TO SUBSCRIBE FOR AND JVCO TO ISSUE AN AGGREGATE
OF 980
MILLION NEW JVCO ORDINARY SHARES FOR RMB960.8 MILLION
    * ZHONGAN TECHNOLOGY AGREED TO SUBSCRIBE FOR 1.02 BILLION
NEW JV
CO ORDINARY SHARES FOR RMB1 BILLION PAYABLE IN CASH

Source text for Eikon:  ID:nHKS5SSblF 
Further company coverage:  6060.HK 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2019, Thomson Reuters, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.