Brief: HNA Infrastructure Investment To Buy Project Company That Owns Stake In Hong Kong International Construction

Tysan Holdings

22/06/2018 15:44

June 22 (Reuters) - HNA Infrastructure Investment Group Co
Ltd  600515.SS :
    * SAYS IT PLANS TO BUY PROJECT COMPANY WHICH OWNS 74.66
PERCENT
STAKE IN HONG KONG INTERNATIONAL CONSTRUCTION INVESTMENT MGT
 0687.HK  FOR 10.38 BILLION YUAN  ($1.60 billion) VIA CASH,
SHARE ISSUE
    * SAYS IT AIMS TO RAISE UP TO 2.0 BILLION YUAN IN PRIVATE
PLACEMENT OF SHARES TO HELP FUND THE ACQUISITION
    * SAYS TRADING IN SHARES REMAINS SUSPENDED

Source text in Chinese: https://bit.ly/2tvcrZx;
https://bit.ly/2MQf8xx
Further company coverage:  600515.SS 

($1 = 6.4988 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
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