Brief: Shenghua Lande Scitech Says Zhejiang Shenghua To Transfer 48.3 Mln Domestic Shares To Certain Buyers

Xinhua Lande Scitech Co

09/07/2020 15:46

July 9 (Reuters) - Shenghua Lande Scitech Ltd  8106.HK :
    * ZHEJIANG SHENGHUA TO TRANSFER AGGREGATE OF 48.3 MILLION
DOMESTIC
SHARES TO CERTAIN BUYERS FOR RMB0.22/SHARE
    * INFORMED BY RISE SEA & CHAIRMAN OF INCREATOR TECHNOLOGY
THEY
ACQUIRED 44.1 MILLION & 7.7 MILLION H SHARES, RESPECTIVELY
    * RISE SEA & INCREATOR TECHNOLOGY CHAIRMAN ACQUIRED H SHARES
FOR
HK$0.25 EACH
    * ZHEJIANG SHENGHUA & RISE SEA OWN ABOUT 168.8 MILLION
DOMESTIC &
93.1 MILLION H SHARES, REPRESENTING 51.72% STAKE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS8JkM8Q
Further company coverage:  8106.HK 

 (Reuters.Briefs@thomsonreuters.com)