Brief: Zall Group says to subscribe new shares of an insurance company

Zall Smart Commerce

29/08/2016 13:21

Aug 29 (Reuters) - Zall Group Ltd  2098.HK : 
 * Voluntary announcement possible investment in an insurance company  2098.HK  
 * Says company is planning to subscribe new shares of an insurance company, which is an independent third party 
 * Terms concerning potential investment is not yet finalized and is subject to the approval by the relevant government authority in China 
 * As at the date of this announcement, the company has not entered into any definitive agreement in relation to the potential investment 
 * Source text for Eikon  ID:nHKS7pKqVz  
 
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