Brief: Avic Joy Holdings HK Co enters placing agreement with Brilliant Norton Securities Co
03/11/2016 22:04
Nov 4 (Reuters) - Avic Joy Holdings Hk Ltd 0260.HK
* Company entered into placing agreement with placing agent
* Net proceeds are intended to be used for repayment of
short term loan of approximately hk$110.0 million
* Net proceeds from placing, are estimated to be
approximately hk$138.9 million
* Placing agent to procure, not less than 6 placees to
subscribe for convertible notes in aggregate principal amount up
to hk$140 million at hk$0.140 per share
Source text for Eikon: ID:nHKS8HVVHH
Further company coverage: 0260.HK
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