Brief: Avichina Industry & Technology Co Announces Placing Of 279 Mln H Shares

AviChina Industry & Technology Co

14/12/2018 24:17

Dec 14 (Reuters) - AviChina Industry & Technology Co Ltd
 2357.HK :
    * ANNOUNCES PLACING OF 279 MILLION H SHARES AT PLACING PRICE
OF
HK$4.90 PER PLACING SHARE
    * NET PROCEEDS OF PLACING WILL BE ABOUT HK$1,346 MILLION
    * CO INTENDS TO USE NET PROCEEDS FROM PLACING SHARES FOR
INVESTMENT IN AVIATION BUSINESSES

Source text for Eikon:  ID:nHKS8b9rVS 
Further company coverage:  2357.HK 

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