May 20 (Reuters) - China Green Holdings Ltd 0904.HK :
* Says the company entered into the placing agreement with the placing agents
* Gross proceeds from the placing will be hk$575 million and the net proceeds will be approximately hk$553 million
* Intends to use net proceeds as to approximately hk$530 million for redemption
of bonds and payment of interest accrued thereon
* Source text for Eikon urn:newsml:reuters.com:*:nHKS875KJ4
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