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BRIEF-SMI Holdings to subscribe for 1.96 bln shares in Prosperity International
June 13, 2017 / 10:15 PM / in a month

BRIEF-SMI Holdings to subscribe for 1.96 bln shares in Prosperity International

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June 14 (Reuters) - Smi Holdings Group Ltd

* Company and Prosperity International entered into subscription agreement

* Conditionally agreed to subscribe for 1.96 billion subscription shares in two tranches at total consideration of about HK$215.5 million

* Transaction in relation to subscription of shares in Prosperity International Holdings (H.K.) Limited Source text for Eikon: Further company coverage:

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