ACN Business

Strong Support to Chong Hing Bank from GZ Metro by Subscription of 70,126,000 New Issued Shares at a Consideration of Approximately HK$1.0 billion

Written by: ACN Newswire

Bank Also Proposes Rights Issue on the Basis of One Rights Share for Every Two SharesHONG KONG, Aug 14, 2018 - (ACN Newswire) - Chong Hing Bank Limited (the "Bank"; stock code: 01111), announced today that the Bank has entered into the Subscription Agreement with Guangzhou Metro Investment Finance (HK) Limited (the "Subscriber"), which is wholly...

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Strong Support to Chong Hing Bank from GZ Metro by Subscription of 70,126,000 New Issued Shares at a Consideration of Approximately HK$1.0 billion

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