Sat Dec 15, 2018 03:50
English | 繁體 | 简体
Click here to toggle text size
BOC Hong Kong(02388)injects RMB433.1M into BOCCF
16 Apr 2018
(Infocast News) BOC Hong Kong(02388) said that on 16 April 2018, BOCCC (an indirect wholly-owned subsidiary of the Company) has entered into the Capital Injection and Subscription Agreement in relation to its capital injection of approximately RMB433.1 million into BOCCF in accordance with its proportion of interest in BOCCF.

BOCCF is principally engaged in consumer finance business in the PRC, and BOCCC holds approximately 12.37% of its entire equity interest as of the date of this announcement. Pursuant to the Capital Injection and Subscription Agreement, upon the Completion, BOCCC will continue to own approximately 12.37% of the enlarged equity interest in BOCCF as the Capital Injection is made on a pro rata basis.

On the same date, BOCCC has also entered into the JV Agreement with other Investors of BOCCF for regulating their rights and obligations in the operation and management of the business and affairs of BOCCF.

As of the date of this announcement, Bank of China(03988)indirectly holds approximately 66.06% of the issued shares of the Company and is the controlling shareholder of the Company.
© Copyright Quamnet. All rights reserved. Republish the contents in whole or in part other than the authorized methods below, Quamnet reserves the right to proceed legal action.
Market Update
A founding member of:
China Tonghai IR:
Sitemap  |  About Us  |  Contact Us  |  Disclaimers     English | 繁體 | 简体  
Tonghai Financial:
China Tonghai International Financial Limited  |  China Tonghai Capital  |  China Tonghai Securities
Oceanwide Financial Management   |  Quamnet
 
Information of TonghaiIR (Investor Relations):
[Hong Kong Listed Company Information] [Financial News] [Announcement Alerts] [Free Delayed Stock Quote] [Chart]
[Hong Kong stock information]

TonghaiIR (Investor Relations) Services:
[Listed Companies Information] [Listed Companies Financial Information] [Listed Companies Announcements]
[Listed Companies Circulars] [Listed Companies News] [Press Releases] [Listed Companies Event Calendar]
[Listed Companies Presentations] [Proxy Forms]

China Tonghai IR (Investor Relations):
[Securities Firms] [Fund Houses] [Venture Capitals] [Financial Public Relations Agencies] [Financial Printers]
Investor Relations Dictionary:
[Listed Companies Result Announcement] [Financial Report] [Interim Report] [Annual General Meeting]
[Extraordinary General Meeting] [Board Meeting] [Annual Report] [Contact Listed Companies Investor Relations]
[Company Information Sheet] [Next Day Disclosure Return] [News Release] [IPO] [Prospectus] [Stock Quote] [Trading Volume]