Brief: Xingda International Holdings Announces Capital Subscription Of 2.47% Equity Interest In Jiangsu Xingda
18/11/2020 15:17
Nov 18 (Reuters) - Xingda International Holdings Ltd
1899.HK :
* ANNOUNCES CAPITAL SUBSCRIPTION OF 2.47% EQUITY INTEREST IN
JIANGSU XINGDA BY CONNECTED PERSON AT SUBSIDIARY LEVEL
* DONGYING RONGJU TO SUBSCRIBE STAKE IN JIANGSU XINGDA AT
EQUIVALENT TOTAL CAPITAL CONTRIBUTION OF ABOUT RMB161.2 MILLION
* TOTAL CAPITAL CONTRIBUTION SHALL BE SATISFIED BY TRANSFER
OF
24.50% STAKR IN SHANDONG XINGDA TO JIANGSU XINGDA
Source text for Eikon: ID:nHKS9FRdlD
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