China Industrial Securities subsidiary acquires Capital Securities in $21.3m deal
China Industrial Securities International Financial Group Limited (the "Company") announced that its indirect wholly-owned subsidiary, CISI Investment, acquired Capital Securities with an aggregate principal amount of $20,000,000. These acquisitions occurred on the open market between December 13, 2024, and December 11, 2025, for a total consideration of $21,317,214.
The acquired Capital Securities are $300,000,000 7.35% Non-Cumulative Subordinated Additional Tier 1 Capital Securities issued by Nanyang Commercial Bank, Limited. The company confirmed that the sellers are independent third parties. The acquisitions were funded from the company's internal resources.
This transaction, when aggregated with previous acquisitions, constitutes a discloseable transaction under Rule 14.07 of the Listing Rules, requiring reporting and announcement but exempt from shareholder approval. The acquisitions are part of the group's strategy to balance and diversify its investment portfolio and generate stable returns.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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