Brief: China Strategic Holdings Selected In Shortlist For Phase Two Of Bidding Process For BEA Life

The Bank of East Asia

01/02/2021 22:14

Feb 2 (Reuters) - China Strategic Holdings Ltd  0235.HK :
    * SELECTED AS ONE OF SHORTLISTED BIDDERS TO ENTER PHASE TWO
OF
SUCH BIDDING PROCESS FOR BEA LIFE
    * GROUP SUBMITTED AN OFFER IN PHASE TWO SUBJECT TO FURTHER
DUE
DILIGENCE AND ENTERING INTO LEGALLY BINDING AGREEMENTS
    * NOTES RECENT NEWS REPORT THAT CO HAS BEEN NAMED AS ONE OF
FINAL
BIDDERS FOR BANK OF EAST ASIA LTD'S LIFE INSURANCE UNIT
    * BIDDING PROCESS FOR BEA LIFE STILL ONGOING

Source text for Eikon:  ID:nHKS5NCSXK 
Further company coverage:  0235.HK 

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