Brief: CIL Holdings says placing of new shares under general mandate

CIL Holdings

01/12/2015 14:24

Dec 1 (Reuters) - CIL Holdings Ltd  0479.HK : 
 * Placing of new shares under general mandate  0479.HK  
 * Entered into the placing agreement with the placing agent 
 * Says gross proceeds of the placing will amount to approximately hk$25.2 million 
 * Says expected that the net proceeds will be used for repayment of loan and as general working capital of the group 
 * Says net proceeds receivable by the company under the placing are estimated to be approximately hk$24.2 million 
 * Source text (http://bit.ly/1QRyjW0) 
  
 
 
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