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BRIEF-Chongqing Rural Commercial Bank announces additional issue of domestic shares
August 23, 2017 / 11:02 AM / a month ago

BRIEF-Chongqing Rural Commercial Bank announces additional issue of domestic shares

Aug 23 (Reuters) - Chongqing Rural Commercial Bank :

* Directional Additional Issuance Of Domestic Shares Under The Specific Mandate

* ‍Bank entered into subscription agreement with subscribers​

* Gross proceeds from subscription will be rmb4.02 billion

* Bank to conduct directional additional issuance of 700 million domestic shares at rmb5.75 per share

* Subscribers are Chongqing Yufu, Chongqing City Construction, and Chongqing Transport And Travel Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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