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1130 China Environmental Resources News Story

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Brief: China Environmental Resources Group enters into placing agreement with placing agent

April 26 (Reuters) - China Environmental Resources Group Ltd  1130.HK : 
 * Says company entered into the placing agreement with the placing agent 
 * Net proceeds of approximately hk$45.62 million 
 * Intends to use proceeds for setting up new business 
 * co to place 282.9 million new shares to not less than six independent placees at placing price of hk$0.165 per placing share 
 
 * Source text for Eikon  ID:nSNZ1C6v0y  
 
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