CSMall logo

1815 - CSMall News Story

HK$0.67 -0.0  -4.3%

Last Trade - 8:57am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £85.5m
Enterprise Value £45.4m
Revenue £137.3m
Position in Universe 3057th / 5992

BRIEF-CSMall Group To Issue 100 Mln New Shares To Yao Runxiong For HK$150 Mln In Cash

Mon 6th May, 2019 4:26pm
May 6 (Reuters) - CSMall Group Ltd  1815.HK :
    * CSMALL AGREED TO ALLOT AND ISSUE 100 MILLION NEW SHARES TO
YAO
RUNXIONG AT SUBSCRIPTION PRICE OF HK$1.50 PER SHARE FOR HK$150
MILLION IN CASH
    * CSMALL TO ALLOT AND ISSUE EMPLOYEE SHARES, BEING 84.3
MILLION
NEW SHARES, TO ASCEND DELIGHT FOR HK$71.6 MILLION
    * AT COMPLETION OF ISSUANCES, SHAREHOLDING OF CHINA SILVER
IN
CSMALL WILL BE DILUTED FROM ABOUT 47.46% TO ABOUT 40.39%

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS8p6MSs
Further company coverage:  1815.HK 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.