Brief: 51 Credit Card Says Unit To Issue Additional Registered Capital

Vala

14/04/2020 16:01

April 14 (Reuters) - 51 Credit Card Inc  2051.HK :
    * HANGZHOU LANYE NETWORK TECHNOLOGY TO ISSUE ADDITIONAL
REGISTERED
CAPITAL OF RMB2.6 MILLION AT TOTAL CONSIDERATION OF RMB40
MILLION IN CASH
    * DEAL WILL RESULT IN DEEMED DISPOSAL OF ABOUT 15.71% STAKE
IN
HANGZHOU LANYE NETWORK TECHNOLOGY BY CO

Source text for Eikon:  ID:nHKS7DSJBx 
Further company coverage:  2051.HK 

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