Brief: CNC Holdings entered into MOU regarding proposed capital injection in a ALCT System Company
29/03/2016 10:28
March 29 (Reuters) - CNC Holdings Ltd 8356.HK : * Inside information announcement - mou regarding proposed capital injection in a alct system company 8356.HK * On 25 March 2016, company entered into the memorandum of understanding with the target company and the original equity holders * Capital injection amount shall be a sum to be negotiated by the parties * Upon completion of the proposed capital injection, the company will become the single largest shareholder of the target company * Says shares will continue to be on halt * Source text for Eikon ID:nHKS40N70M ((For more news, please click here 8356.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))