Interchina director He Xue Chu lays out HK$70mln in Fourseas.com

Fourseas.com (0755) announced share capital restructuring proposal to merge 10 shares as one and issue 3500mln merged new shares at HK$0.02 to Giant Glory, which was 40% held by He Xue Chu, director of Interchina Holdings (0202).The shares account for 90.19% of expanded share capital and HK$70mln are raised. Relevant capital is used for paying off debts. Fourseas.com resumed trading

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