April 11, 2018 / 3:06 PM / 3 months ago

BRIEF-China Minsheng Banking Corp Approves Plan Of Capital Reserve Capitalisation For 2017

April 11 (Reuters) - China Minsheng Banking Corp Ltd :

* APPROVED PLAN OF CAPITAL RESERVE CAPITALISATION FOR 2017

* PLANS TO CAPITALISE CAPITAL RESERVE BY ISSUING SHARES TO HOLDERS OF A AND H SHARES AT 2 SHARES FOR EVERY 10 SHARES HELD

* TOTAL NUMBER OF SHARES TO BE ISSUED BY CAPITALISATION OF CAPITAL RESERVE WILL BE 7,297 MILLION SHARES

* APPLICATION TO BE MADE TO LISTING COMMITTEE OF STOCK EXCHANGE FOR APPROVAL FOR LISTING OF THE CAPITALISATION H SHARES Source text for Eikon: Further company coverage:

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