Brief: RCG Holdings proposes placing of convertible bonds

China e-Wallet Payment

01/03/2016 22:20

March 1 (Reuters) - RCG Holdings Ltd  0802.HK : 
 * Says placing agent and the company entered into the placing agreement 
 * Net proceeds from the placing will amount to approximately hk$467 million 
 * Says net proceeds is intended to be utilized for facilitating the business 
opportunities 
 * To procure not less than six independent placees to subscribe, in up to 2 
tranches, for up to hk$475 million of the convertible bonds 
 
  Source text for Eikon  ID:nHKS3sphhC  
 
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