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BRIEF-CITIC Securities Co Announces Proposed Acquisition Of Assets By Issuance Of Shares

March 4 (Reuters) - CITIC Securities Co Ltd:

* ANNOUNCES PROPOSED ACQUISITION OF ASSETS BY ISSUANCE OF SHARES

* BOARD APPROVED UPDATED PROPOSAL IN RELATION TO ACQUISITION OF ASSETS BY ISSUANCE OF SHARES AND RELATED PARTY TRANSACTION

* CO, CITIC SECURITIES INVESTMENT, YUEXIU FINANCIAL HOLDINGS AND FINANCIAL HOLDINGS ENTERED ASSET ACQUISITION AGREEMENT

* CO & UNIT TO ACQUIRE GUANGZHOU SECURITIES (EXCLUDING CERTAIN ASSETS) FROM YUEXIU FINANCIAL AND FINANCIAL HOLDINGS LTD

* DEAL FOR RMB13.46 BILLION

* CONSIDERATION TO BE SATISFIED BY ISSUANCE OF A SHARES OF CITIC SECURITIES CO LTD AT ISSUE PRICE OF RMB16.97 PER SHARE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)