China First Capital (1269) swaps 6.20% of itself for 5.84% of Virscend (1565)
Company announcement, 31-May-2017
The swap prices Virscend at HK$5.09 per share and the new CFC shares at $3.10, respectively a discount of 4.14% and a premium of 7.27% to the closing prices. This will boost CFC's stake to 9.97% of Virscend. The owners of the 2 BVI vendors are not disclosed.

• Orgs
  • China First Capital Group Limited
  • Earn Wealth International Holdings Limited
  • Virscend Education Company Limited