April 21, 2017 / 12:59 PM / 4 months ago

BRIEF-Semiconductor Manufacturing International updates on proposed share premium reduction

April 21 (Reuters) - Semiconductor Manufacturing International Corp:

* As at 31 Dec 2016, amount standing to credit of share premium account of co amounted to US$4.95 billion

* Proposes to reduce amount standing to credit of share premium account of co as at effective date by an amount of US$910.8 million Source text (bit.ly/2pZ7qoM) Further company coverage:

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