Brief: Asian American Medical Group Announces Placement Of New Shares

Asian American Medical

27/05/2019 08:50

May 27 (Reuters) - Asian American Medical Group Ltd
 AJJ.AX :
    * CO TO RAISE CAPITAL INVOLVING PLACEMENT OF 10 MILLION NEW
SHARES
TO INVESTOR IN SINGAPORE AT A$0.105/SHARE TO RAISE A$1.1 MILLION
    * PROCEEDS FROM PLACEMENT TO BE USED FOR BUSINESS
DIVERSIFICATION,
EXPANSION INTO NEW HEALTHCARE-RELATED BUSINESSES IN CHINA

Source text for Eikon:  ID:nASX9ZXTHV 
Further company coverage:  AJJ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))