Brief: CIL Holdings enters into placing agreement with placing agent

CIL Holdings

22/03/2016 14:36

March 22 (Reuters) - CIL Holdings Ltd  0479.HK : 
 * Says entered into the placing agreement with the placing agent 
 * Says expected that the net proceeds will be used for repayment of borrowings 
 * Pursuant to deal placing agent agreed to place 602.5 million new shares at 
   placing price of hk$0.1 per placing share 
 
 * Source text for Eikon  ID:0479.HK  
 
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