Brief: Hong Kong Resources To Place Up To 400 Mln Shares At HK$0.10 Per Share
June 8 (Reuters) - Hong Kong Resources Holdings Co Ltd
2882.HK :
* TO PLACE UP TO 400 MILLION SHARES AT HK$0.10 PER SHARE
* NET PROCEEDS OF PLACING ESTIMATED TO BE ABOUT HK$38.7
MILLION
* INTENDS TO APPLY NET PROCEEDS FROM PLACING FOR SETTLEMENT
OF
PART OF CONSIDERATION FOR ACQUISITION OF PROFIT FRIEND
INVESTMENT
Source text for Eikon: ID:nHKS6XmgTc
Further company coverage: 2882.HK
((Reuters.Briefs@thomsonreuters.com;))
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