[ET Net News Agency, 26 April 2018] Kingboard Chemical (00148) said it subscribed for
US$120 million 7% senior notes due 2021 yesterday issued by an indirect wholly-owned
subsidiary of Guangzhou R&F Properties (02777).
Kingboard Chemical considers that the subscription provide a suitable opportunity for
the Group to diversity the investment portfolio and generate stable income for the Group.
The issuer has historically issued other financial instruments for which the Group had
subscribed in the past. (HL)