December 12, 2016 / 2:19 PM / 7 months ago

BRIEF-Applied Development Holdings says subscriber, Tian Yuan and JV enters subscription agreement

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Dec 12 (Reuters) - Applied Development Holdings Ltd

* Subscriber agrees to provide interest-free and security-free shareholder's loan of hk$200 million to jv upon completion

* Tian Yuan and subscriber agree to subscribe for 79 new shares at us$79.00 and 20 new shares at us$20.00 respectively

* Subscriber, Tian Yuan and jv entered into subscription agreement

* Subscriber is Applied Investment Ltd, Tian Yuan refers to China Tian Yuan International Finance Ltd and JV refers to Wealth Guide Global Ltd Source text for Eikon: Further company coverage:

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