April 5, 2018 / 11:53 AM / 7 months ago

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

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

* RESOLVED FOR CONDITIONAL VOLUNTARY CASH OFFER TO REPURCHASE FOR CANCELLATION UP TO 388.9 MILLION FOR HK$11.78 PER H SHARE

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

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