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BRIEF-Shanghai Highly Group Plans Funding, JV In India

reuters.com · 12/30/2021 02:39
BRIEF-Shanghai Highly Group Plans Funding, JV In India

- Shanghai Highly Group Co Ltd 600619.SS:

  • SAYS IT PLANS TO ISSUE UP TO 1 BILLION YUAN ($156.99 million) MEDIUM-TERM NOTES, UP TO 2 BILLION YUAN COMMERCIAL PAPER

  • SAYS IT PLANS TO BOOST HONG KONG UNIT'S CAPITAL BY $23.9 MILLION TO SET UP JV WITH VOLTAS IN INDIA FOR MAKING COMPRESSORS FOR AIR CONDITIONERS

Source text 1

Source text 2

Further company coverage: 600619.SS


($1 = 6.3697 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))