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United States

Xinhua Holdings Ltd (9399.T)

9399.T on Tokyo Stock Exchange

73JPY
30 Sep 2016
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Tue, Sep 13 2016

BRIEF-Xinhua Holdings unit to sell 50 pct stake in unit for 15 mln yen and says abolition of business segment

* Says its unit Xinhua Financial Network to sell entire holding 50 percent stake in Hong Kong-based unit Fortune China Public Relations to Zhou Zhou Zhen on Sep. 30

BRIEF-Xinhua Holdings to issue new shares via private placement

* Says it to issue 570,000 new shares via private placement to Lie Wan Chie on July 13

BRIEF-Xinhua Holdings issues new shares through private placement for HK$ 2,898,000

* Says it has issued 500,000 new shares of common stock through private placement

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