BRIEF-Huarong International Financial Asks Huaxin Hong Kong To Repurchase Preferred Shares
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June 21 (Reuters) - Huarong International Financial Holdings Ltd:
* ASKS HUAXIN HONG KONG TO REPURCHASE PREFERRED SHARES AT PUT PRICE OF HK$1,085 PER SHARE FOR TOTAL OF HK$976.5 MILLION
* TOTAL PUT PRICE OF HK$976.5 MILLION SHALL BE PAYABLE BY HUAXIN HONG KONG IN CASH BY WAY OF BANK TRANSFER
* IF HUAXIN HONG KONG REPURCHASES, THEN CO SEES BOOK GAIN OF ABOUT HK$1.3 MILLION DUE TO EXERCISE OF EOD OPTION Source text for Eikon: Further company coverage:
