Brief: Courage Investment Group To Place Up To 91.5 Million New Shares To Emperor Securities Limited
27/07/2018 16:11
July 27 (Reuters) - Courage Investment Group Ltd 1145.HK :
* CO TO PLACE UP TO 91.5 MILLION NEW SHARES AT PLACING PRICE
OF
HK$0.473 PER SHARE TO EMPEROR SECURITIES LIMITED
* NET PROCEEDS FROM PLACING WILL BE ABOUT HK$42.1 MILLION
* CO TO BUY ADDITIONAL VESSEL, IF SUCH ACQUISITION
MATERIALIZED,
80% NET PROCEEDS OF PLACING WILL BE USED FOR FUNDING ACQUISITION
Source text for Eikon: ID:nHKSb7zWLk
Further company coverage: 1145.HK
((Reuters.Briefs@thomsonreuters.com;))
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