April 27, 2018 / 2:18 PM / 3 months ago

BRIEF-Bank Of Communications Updates On Proposed Issuance Of A Share Convertible Corporate Bonds

April 27 (Reuters) - Bank Of Communications Co Ltd :

* THE TOTAL AMOUNT OF THE CONVERTIBLE BONDS PROPOSED TO BE ISSUED WILL BE NOT MORE THAN RMB60 BILLION

* BOARD RESOLVED TO SEEK SHAREHOLDERS’ APPROVAL FOR OBTAINING CB SPECIFIC MANDATE TO ISSUE CONVERTIBLE BONDS

* BOARD ALSO RESOLVED TO SEEK SHAREHOLDERS' APPROVAL FOR PROPOSED ISSUANCE OF CONVERTIBLE BONDS Source text: (bit.ly/2HA7JiW) Further company coverage:

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