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8047 — China Ocean Development News Story

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Brief: China ocean fishing holdings company and placing agent entered into placing agreement

March 20 (Reuters) - China Ocean Fishing Holdings Ltd 
 8047.HK  
    * Company and placing agent entered into placing agreement 
    * Placing price of HK$0.30 per placing share 
    * Net proceeds will be approximately HK$117.4 million from 
placing 
    * Intend to use net proceeds for capital commitment under a 
joint venture agreement 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbC4WS8 
Further company coverage:  8047.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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