Brief: China Properties Investment To Place Up To 970 Mln Shares

China Properties Investment Holdings

13/06/2018 12:43

June 13 (Reuters) - China Properties Investment Holdings Ltd
 0736.HK :
    * CO TO PLACE UP TO 970 MILLION SHARES AT PLACING PRICE OF
HK$0.038 PER PLACING SHARE
    * NET PROCEEDS FROM PLACING WILL BE ABOUT HK$35.84 MILLION
    * PLANS TO APPLY 90 PERCENT OF NET PROCEEDS FOR MONEY
LENDING
BUSINESS OF GROUP

Source text for Eikon:  ID:nHKSbnK29N 
Further company coverage:  0736.HK 

 ((Reuters.Briefs@thomsonreuters.com;))