Brief: China Ruifeng Renewable Energy Signs Placing Agreement With China Tonghai Securities

China Ruifeng Renewable Energy Holdings

04/12/2019 14:38

Dec 4 (Reuters) - China Ruifeng Renewable Energy Holdings
Ltd  0527.HK :
    * SIGNS PLACING AGREEMENT WITH CHINA TONGHAI SECURITIES TO
GET NOT
LESS THAN 6 PLACEES TO SUBSCRIBE 180 MILLION SHARES
    * GROSS PROCEEDS AND NET PROCEEDS FROM PLACING WILL BE ABOUT
HK$45
MILLION AND HK$44 MILLION RESPECTIVELY
    * PLACING FOR UP TO 180.0 MILLION SHARES AT PRICE OF HK$0.25
PER
SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS89Mwz8
Further company coverage:  0527.HK 

 (Reuters.Briefs@thomsonreuters.com)