Brief: Fortunet E-commerce Group enters placing agreements with Ccb International Capital Ltd

Changyou International

16/12/2016 11:44

Dec 16 (Reuters) - Fortunet E-commerce Group Ltd  1039.HK  
    * Placing agent and company have entered into placing 
agreements 
    * Net proceeds from placing will be up to approximately 
hk$570 million 
    * Intends to use net proceeds for future investment pursuant 
to investment objectives of company 
    * Co to place, through placing agent, maximum of 291.2 
million new shares to independent placees, at a price of hk$1.98 
per placing share 
    * Placing agent is Ccb International Capital Limited 
 
Source text for Eikon:  ID:nHKSc3rfYN  
Further company coverage:  1039.HK  
 
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