Bohai Financial Investment Holding Co Ltd
* Says it plans to buy stakes in Sinosafe Insurance, Hong Kong Aviation Capital (HKAC) for 2.8 billion yuan ($421.48 million) via share issue
* Says it plans to buy 12 aircraft leasing assets for $33.8 million via cash
* Says it plans to raise up to 2.8 billion yuan in private placement of shares to fund acquisition, boost HKAC’s capital
Source text in Chinese: bit.ly/2aCbcSb
Further company coverage: ($1 = 6.6433 Chinese yuan renminbi) (Reporting by Hong Kong newsroom).
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Source: Reuters.com
