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Lianzhifu Inv acquires 13.51% in unit of China Inv Hold
22 Aug 2019
(Infocast News) Pursuant to a Fourth Capital Injection Agreement dated 20 August 2019, Lianzhifu Investment agreed to contribute RMB52.147 million (HK$57.935 million) in cash to the capital of Canton Risen, a subsidiary of China Investments Holdings (00132), to become a new shareholder of Canton Risen with a 13.51% stake in the company.

Canton Risen is principally engaged in the provision of finance, including through finance leasing, with an initial focus on government public utility, environmental protection, new energy and telecommunication projects in the PRC.

(WL)
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