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Huarong Int Fin (0993) subscribes HK$729m for 235.055m shares (9%) of Sunshine 100 (2608) | Sunshine 100 announcement
Company announcement, 18-Dec-2017
Joywise Holdings Ltd, the controller of Sunshine will, for 6 months ending 3 years after completion, compensate Huarong for any shortfall in net disposal proceeds below a 21% return on the investment including distributions received. The subscription price of $3.10 implies a compensation if the disposal price does not reach $3.76.
Organisations
- BEYOND STEADY LIMITED 堅越有限公司
- Huarong International Financial Holdings Limited 華融國際金融控股有限公司
- Joywise Holdings Limited
- Sunshine 100 China Holdings Ltd 陽光100中國控股有限公司
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