Brief: Tianneng Power International udpates on subscription agreement
18/01/2016 11:50
Jan 18 (Reuters) - Tianneng Power International Ltd 0819.HK : * Connected transactions relating to subscription of additional registered capital representing 40% of enlarged equity interests in Zhejiang Tianneng Energy technology co., ltd. * Consideration for the first transaction and the second transaction is RMB114.2 million * Says the subscription agreement was entered into by the group * Deal to raise capital for further research and development, expansion of production capacity of lithium battery product business * Source text for Eikon ID:nHKS2rn8RX ((For more news, please click here 0819.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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