March 28 (Reuters) – Baic Motor Corp Ltd:
* ANNOUNCES CAPITAL INCREASE TO MBLC
* CO AND DGRC TO CONTRIBUTE AN AGGREGATE AMOUNT OF RMB700 MILLION TO MBLC IN PROPORTION TO THEIR RESPECTIVE SHAREHOLDINGS
* UNDER CAPITAL INCREASE, COMPANY WILL CONTRIBUTE RMB245 MILLION, REPRESENTING 35% OF AMOUNT UNDER CAPITAL INCREASE
* ON COMPLETION OF CAPITAL INCREASE, REGISTERED CAPITAL OF MERCEDES-BENZ LEASING CO WILL BE INCREASED FROM RMB3.60 BILLION TO RMB4.30 BILLION Source text for Eikon: Further company coverage: