Brief: Asiaray Media Group agrees to issue perpetual subordinated convertible securities

Asiaray Media

07/09/2017 14:49

Sept 7 (Reuters) - Asiaray Media Group Ltd  1993.HK : 
    * Co agreed to issue perpetual subordinated convertible 
securities in principal amount of HK$50 million 
    * Conversion price of perpetual subordinated convertible 
securities of HK$3.54 per conversion share 
    * Net proceeds from perpetual subordinated convertible 
securities issue will be about HK$49.7 million 
 
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Further company coverage:  1993.HK  
 
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