Brief: Asia Energy Logistics Group Says To Allot & Issue 923.4 Mln Placing Shares

Asia Energy Logistics

30/11/2017 13:57

Nov 30 (Reuters) - Asia Energy Logistics Group Ltd 
 0351.HK : 
    * AGREED TO ALLOT AND ISSUE 923.4 MILLION  PLACING SHARES 
AT 
HK$0.1083 PER PLACING SHARE UNDER PLACING AGREEMENT  
    * NET PROCEEDS FROM PLACING ABOUT HK$92.8 MILLION 
    * TO ISSUE CONVERTIBLE BONDS IN AGGREGATE PRINCIPAL AMOUNT 
OF 
HK$100 MILLION TO GIC INVESTMENT 
    * NET PROCEEDS FROM SUBSCRIPTION ABOUT HK$98.7 MILLION 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbS4lGk 
Further company coverage:  0351.HK  
 
 (bangalore.newsroom@thomsonreuters.com)