April 5, 2018 / 2:03 PM / 14 days ago

BRIEF-Red Star Macalline Announces Repurchase Of Up To 388.9 Mln H Shares

April 5 (Reuters) - Red Star Macalline Group Corp Ltd :

* RESOLVED TO REPURCHASE FOR CANCELLATION UP TO 388.9 MILLION H SHARES AT HK$11.78 PER SHARE

* MAXIMUM H SHARES UNDER OFFER CONSTITUTE ABOUT 36.59% & 9.87% OF ISSUED H SHARE CAPITAL & TOTAL SHARE CAPITAL OF CO, RESPECTIVELY Source text for Eikon: Further company coverage:

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