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3836 China Harmony Auto Holding News Story

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Brief: China Harmony New Energy Auto Holding says unit enters loan assignment deed

Dec 28 (Reuters) - China Harmony New Energy Auto Holding Ltd 
 3836.HK  
    * Fmc Cayman agreed to allot and issue to Shinny Rise, 
Management Holdco a total of 8.4 million series a preferred 
shares and 1.6 million ordinary shares 
    * Unit Shinny Rise (as assignor), and Fmc Cayman (as 
assignee) entered into loan assignment deed 
    * Total consideration for allotment and issue of 4.4 million 
series a preferred shares by Fmc Cayman to Shinny Rise amounts 
to us$30 million 
    * Deed in relation to assignment to Fmc Cayman of loans owed 
by fmc hk with aggregate principal amount of approximately 
us$18.4 million 
 
Source text for Eikon:  ID:nHKS4PDPjS  
Further company coverage:  3836.HK  
 
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