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493 GOME Retail Holdings News Story

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Brief: Gome Retail Says To Capitalise Debt Owed By Group To Creditors

Jan 18 (Reuters) - GOME Retail Holdings  0493.HK :
    * CONDITIONALLY AGREED TO CAPITALISE DEBT OWED BY GROUP TO
CREDITORS
    * CO AGREED TO ISSUE TO SHINNING CROWN AND GOME MANAGEMENT
4.35
BILLION AND 3.63 BILLION NEW SHARES, RESPECTIVELY
    * AGREED TO ISSUE NEW SHARES AT ISSUE PRICE OF HK$0.115 PER
SHARE

Further company coverage:  0493.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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