Brief: Shanghai Zendai Property updates on proposed issue of convertible bonds

DevGreat

24/02/2017 14:13

Feb 24 (Reuters) - Shanghai Zendai Property Ltd  0755.HK  
    * Company and subscriber entered into cb subscription 
agreement 
    * Net proceeds, after deduction of professional and other 
related expenses, will amount to about hk$1.65 billion 
    * Co has conditionally agreed to issue, convertible bonds in 
an aggregate principal amount of hk$1.65 billion 
 
Source text for Eikon:  ID:nHKS12B43W  
Further company coverage:  0755.HK  
 
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