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39 China Beidahuang Industry group News Story

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Brief: China Beidahuang Industry Group Announces lacing Of Convertible Bonds

July 20 (Reuters) - China Beidahuang Industry Group Holdings
Ltd  0039.HK :
    * PLACING OF CONVERTIBLE BONDS
    * 1.23 BILLION CONVERSION SHARES WILL BE ALLOTTED, ISSUED
BASED ON
INITIAL CONVERSION PRICE OF HK$0.1/CONVERSION SHARE
    * HK$119 MILLION OF NET PROCEEDS TO BE USED TO REPAY PART OF
OUTSTANDING BALANCE OF 2019 CONVERTIBLE BONDS

Source text for Eikon:  ID:nHKSQbvmV 
Further company coverage:  0039.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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