Brief: China Yongda Automobiles Services Announces Placing Of Existing Shares

China Yongda Automobiles Services Holdings

10/06/2020 02:30

June 10 (Reuters) - China Yongda Automobiles Services
Holdings Ltd  3669.HK :
    * ASSET LINK TO SELL 120 MILLION EXISTING PLACING SHARES TO
AT
LEAST 6 PLACEES
    * ASSET LINK TO SUBSCRIBE TO 120 MILLION SUBSCRIPTION SHARES
AT
HK$8.29/SUBSCRIPTION SHARE
    * SUBSCRIPTION PRICE OF HK$8.29/SUBSCRIPTION SHARE
    * CHINA YONGDA AUTOMOBILES SERVICES - ASSET LINK TO SELL
PLACING
SHARES VIA PLACING AGENTS AT HK$8.29/PLACING SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5Y7Thz
Further company coverage:  3669.HK 

 ((Reuters.Briefs@thomsonreuters.com;))