Brief: China Star Entertainment entered into placing agreement with VMS Securities Ltd

China Star Entertainment

18/10/2016 13:35

Oct 18 (Reuters) -    China Star Entertainment Ltd 
 0326.HK : 
    * Maximum net proceeds from placing is estimated to be 
approximately hk$77.64 million 
    * Intends to use net proceeds from placing for film 
production 
    * Company and  vms securities limited entered into placing 
agreement 
    * Company has agreed to place and placing agent has agreed 
to procure subscriptions for a maximum of 150.6 million placing 
shares 
 
 
     
     
    Source text for Eikon:  ID:nHKS6R9vc6  
    Further company coverage:  0326.HK  
 
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