Brief: Hong Kong Education enters into placing agreement

Bradaverse Education (Intl) Investments

30/09/2016 14:34

Sept 30 (Reuters) - Hong Kong Education Intl Investments Ltd 
 1082.HK  
    * Company and placing agent entered into placing agreement 
    * Gross proceeds from placing will be about HK$60.50 million 
and net are estimated to be about HK$58.22 million 
    * Co has appointed placing agent to procure placees to 
subscribe for up to 91,256,000 placing shares at a price of 
HK$0.663 per placing share 
    * Net proceeds from placing are estimated to be 
approximately HK$58.22 million 
 
Source text for Eikon:  ID:nHKScbKwbp  
Further company coverage:  1082.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))