Brief: China Animation Characters enters placing agreement
24/08/2016 15:58
Aug 24 (Reuters) - China Animation Characters Co Ltd 1566.HK : * Placing and top-up subscription under general mandate 1566.HK * Bright rise, the company and the sole placing agent entered into the placing agreement * Gross proceeds and net proceeds from the top-up subscription will be HK$72 million and HK$69.5 million, respectively * Deal to purchase up to 20 million placing shares at the placing price of HK$3.60 per placing share * Source text for Eikon urn:newsml:reuters.com:*:nHKS7TMfgr ((Further company coverage: 1566.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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