Brief: New Silkroutes Group enters subscription agreements to place 25.5 mln shares
30/11/2016 15:16
Nov 30 (Reuters) - New Silkroutes Group Ltd NEWS.SI
* Company will be entering into separate subscription
agreements to place to subscribers
* Estimated net proceeds from placement will be
approximately s$22.3 million
* Agreements to place to subscribers, in aggregate, up to
25.5 million new ordinary shares
* Issue price of s$0.97 per share
Source text for Eikon: ID:nSNZbqnMgs
Further company coverage: NEWS.SI
((Bangalore.newsroom@thomsonreuters.com;))
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