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10 months ago
BRIEF-Great Eastern unit has subscribed additional 2.4 mln shares in LGlobal Funds
October 3, 2016 / 10:06 AM / 10 months ago

BRIEF-Great Eastern unit has subscribed additional 2.4 mln shares in LGlobal Funds

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Oct 3 (Reuters) - Great Eastern Holdings Ltd

* Deal for an aggregate subscription amount of s$24 million

* Aggregate subscription amount will be paid in full in cash on completion

* Transaction is not expected to have material effect on net tangible assets or eps of geh group for current financial year

* Unit, lion global investors limited has subscribed for an additional 2.4 million shares in LGlobal Funds at s$9.94 per share Source text for Eikon: Further company coverage: (Reporting by Sindhu Chandrasekaran)

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