Edition:
United Kingdom

Luzhou Bank Proposes To Issue SME Bonds Worth Not More Than RMB2 Bln, Proposes To Dispose Certain Collaterals


Tuesday, 25 Jun 2019 

June 26 (Reuters) - Luzhou Bank Co Ltd <1983.HK>::BOARD PROPOSES TO ISSUE SME BONDS IN AGGREGATE AMOUNT OF NOT MORE THAN RMB2 BILLION.BOARD PROPOSES TO DISPOSE CERTAIN COLLATERALS BY WAY OF PUBLIC AUCTIONS.BANK EXPECTS THAT INTERIM PROFITS OF BANK IN 2019 WILL NOT BE AFFECTED BY DISPOSAL LOSSES OF THREE COLLATERALS.EXPECTS DISPOSAL LOSS OF ABOUT RMB69.6 MILLION TOGETHER WITH ESTIMATED DISPOSAL TAX, IF AUCTION IS COMPLETED AT APPRAISAL PRICE. 

Company Quote

2.95
-0.02 -0.67%
12 Jul 2019