Brief: China Energy Development says currently in talks for a possible equity fund-raising

China Energy Development Holdings

26/04/2017 14:21

April 26 (Reuters) - China Energy Development Holdings Ltd 
 0228.HK : 
    * currently in preliminary negotiation with independent 
financial institutions in relation to possible equity fund- 
raising 
    * however no binding agreement has been entered into by 
company with any financial institutions 
    * Refers to equity fund raising involving possibly issue of 
new shares of co at size of hk$400 million or above 
    * to apply for leave of cayman court to consent to possible 
equity fund-raising, in reference to grant of injunction order 
by court 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNDLc7Gwc4 
Further company coverage:  0228.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))