China Financial Leasing Group Limited Announces Private Placement of New Shares Under General Mandate
Reuters
Oct 05
China Financial Leasing Group Limited Announces Private Placement of New Shares Under General Mandate
China Financial Leasing Group Limited has announced that it has entered into a subscription agreement with Innoval Capital Holding Limited, a company wholly owned by Mr. Moore Xin Jin. Under the agreement, Innoval Capital will subscribe for new shares in the company under a general mandate. The move is intended to raise capital to support the company's investment activities, which focus on short- to medium-term capital appreciation through a diversified portfolio of listed and unlisted securities. The board believes the subscription will strengthen the Group's capital base and enhance its financial flexibility.
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