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8120 China Demeter Financial Investments News Story

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Brief: China Demeter Financial Investments Agreed To Place Up To 30.6 Mln Placing Shares

June 3 (Reuters) - China Demeter Financial Investments Ltd
 8120.HK :
    * CO AGREED TO PLACE UP TO 30.6 MILLION PLACING SHARES AT A
PRICE
OF HK$0.22 PER PLACING SHARE
    * EXPECTS NET PROCEEDS OF UP TO HK$6.4 MILLION FROM
PLACEMENT, TO
BE USED FOR BUSINESS PROJECTS IN CO'S FOOD AND BEVERAGE BUSINESS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9rg24V
Further company coverage:  8120.HK 

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

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