Brief: Shanghai La Chapelle Fashion updates on subscription of preferred shares in Becool

Xinjiang La Chapelle Fashion Co

17/02/2017 14:19

Feb 17 (Reuters) - Shanghai La Chapelle Fashion Co Ltd 
 6116.HK : 
    * Has agreed to, severally but not jointly, subscribe for 
new preferred shares to be issued by Becool 
    * Aggregate consideration payable by Lacha Fashion to Becool 
for investment is US$1.5 million 
    * Co to enter into loan agreement with Chengdu Becool, co 
shall provide loan to Chengdu Becool for principal amount of 
RMB5 million 
 
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