Brief: ASR Logistics says entered into placing agreement to place 200 mln shares

Beijing Sports and Entertainment Industry

08/06/2016 13:44

June 8 (Reuters) - ASR Logistics Holdings Ltd  1803.HK : 
 * Says the company and the placing agent entered into the placing agreement 
 * Says net proceeds from the placing will be approximately hk$136 million 
 * Co has conditionally agreed to place 200 million placing shares at a price of hk$0.7 per placing share 
 * Issuer is the company & the placing agent is vision finance international co ltd 
 * Source text (http://bit.ly/1PhiCTq) 
 
 
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