Brief: China Ruifeng Renewable Energy enters into placing agreement worth hk$167.9 mln
26/05/2016 14:24
May 26 (Reuters) - China Ruifeng Renewable Energy Holdings Ltd 0527.HK : * Placing of convertible notes under general mandate 0527.HK * Company entered into the placing agreement with the placing agent * Net proceeds from the placing are expected to be approximately hk$167.9 million * Intends to apply half of net proceeds to finance group's wind farm development and operation business * Source text for Eikon urn:newsml:reuters.com:*:nHKS2KVkVx ((For more news, please click here 0527.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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