January 9, 2018 / 3:40 AM / in 5 months

BRIEF-Oceanwide Holdings unit to transfer rights shares of China Oceanwide International Financial for about HK$179.8 mln

Jan 9(Reuters) - Oceanwide Holdings Co Ltd

* Says its overseas wholly owned unit plans to transfer nil-paid 11.99 billion rights shares of China Oceanwide International Financial Ltd for about HK$179.8 million

* Says the unit will cut stake in China Oceanwide International Financial to about 19.7 percent from about 72.2 percent

Source text in Chinese:goo.gl/xPkEzK

Further company coverage: (Beijing Headline News)

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