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Shanghai Industrial Holdings, Unit to Renew Lease Agreements for Properties in Hong Kong
Is Shanghai Industrial Holdings (HKG:363) A Risky Investment?
Shanghai Industrial Holdings' Subsidiary Set to Subscribe for REIT Units on IPO
Shanghai ind h (00363.HK) subsidiary Shanghai Jiyun has entered into a global strategy investor placement agreement with Ping An fund.
Gelonghui, November 18th丨Shanghai Ind H (00363.HK) announced that on November 18, 2024, Shanghai Jiyun (a wholly-owned subsidiary of the company) entered into a strategic investor placement agreement with Ping An Fund, under which Shanghai Jiyun (as the strategic investor) agrees to subscribe for the allocated shares at the subscription price. The shares to be subscribed by Shanghai Jiyun account for 15.8284% of the offered shares, which amounts to 158,284,000 fund shares. By subscribing for the REIT shares, the liquidity and marketability of the relevant assets under the REIT will be enhanced, which will assist the group through the securities market.
Express News | Shanghai Industrial - Unit to Subscribe for Subscription Fund Units at RMB1.38 Bln
Despite Lower Earnings Than Five Years Ago, Shanghai Industrial Holdings (HKG:363) Investors Are up 21% Since Then