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THL rights issue brings Citic holding to 18.2%

Recent fundraising activity has bolstered the Chinese investment fund's holding.

Chinese state-owned investment company Citic has increased its shareholding in Tourism Holdings to 18.26% from 11.9% during the past week, giving it a seat on the board.

Citic subsidiary HB Holding acquired almost 4.5 million new shares in a private placement of the NZX-listed RV operator and

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Sanjay Prakash Tue, 23 Jul 2019
Contact the Writer: Sanjay@nbr.co.nz
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THL rights issue brings Citic holding to 18.2%
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