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BRIEF-Kyland Technology Plans Share Private Placement, Property Asset Purchase

BRIEF-Kyland Technology Plans Share Private Placement, Property Asset Purchase

Reuters · 09/14/2022 08:44
BRIEF-Kyland Technology Plans Share Private Placement, Property Asset Purchase

- Kyland Technology Co Ltd 300353.SZ:

  • SAYS IT AIMS TO RAISE UP TO 1 BILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPAY BANK LOANS AND REPLENISH CAPITAL

  • SAYS IT SIGNS LETTER OF INTENT TO PURCHASE PROPERTY ASSET WORTH ABOUT 420 MILLION YUAN ($60.33 million)

Source text 1

Source text 2

Further company coverage: 300353.SZ


($1 = 6.9615 Chinese yuan renminbi)


(Reporting by Hong Kong )

((Ella.Cao@thomsonreuters.com;))