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BRIEF-Asia Investment Finance Group says entered into subscription framework agreement
December 27, 2016 / 11:40 AM / a year ago

BRIEF-Asia Investment Finance Group says entered into subscription framework agreement

Dec 27 (Reuters) - Asia Investment Finance Group Ltd :

* Company and Citic Merchant entered into subscription framework agreement

* Citic Merchant intended to subscribe for convertible bonds in an aggregate principal amount of HK$75 million.

* Net proceeds from subscription will be applied to establishment of joint venture company

* Total registered capital of JV is HK$150 million

* Joint venture company will be owned as to 51% by company and 49% by Citic Merchant Source text for Eikon: Further company coverage:

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