Brief: Min Xin Updates On Xiamen International Bank Capital Contribution
24/03/2023 09:58
March 24 (Reuters) - Min Xin Holdings Ltd 0222.HK :
* CAPITAL CONTRIBUTION IN XIAMEN INTERNATIONAL BANK CO.,
LTD.
* CHINA BANKING AND INSURANCE REGULATORY COMMISSION XIAMEN
OFFICE
APPROVED PROPOSAL BY XIAMEN INTERNATIONAL BANK TO ENLARGE ITS
SHARE CAPITAL
* PROPOSAL TO ENLARGE XIAMEN INTERNATIONAL BANK'S SHARE
CAPITAL
FROM RMB13.82 BILLION TO RMB14.09 BILLION
* UPON COMPLETION CO'S SHAREHOLDING IN XIB WILL BE DILUTED
FROM
8.8543% TO 8.689%
* EXPECTED CO MAY RECORD DILUTION LOSS OF HK$18 MILLION IN
STATEMENTS FOR 2023
Source text for Eikon: ID:nHKS7LfNS4
Further company coverage: 0222.HK
((Reuters.Briefs@thomsonreuters.com;))
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