Brief: Echo International Holdings Group Agreed To Place Convertible Bonds
11/07/2019 16:01
July 11 (Reuters) - Echo International Holdings Group Ltd
8218.HK :
* AGREED TO PLACE CONVERTIBLE BONDS OF PRINCIPALS UP TO
HK$9.4
MILLION
* ENTIRE NET PROCEEDS OF ABOUT HK$9.18 MILLION FROM PLACING
WILL
BE APPLIED FOR INVESTMENT IN CATERING BUSINESS
* MAXIMUM NUMBER OF 192 MILLION CONVERSION SHARES ARE TO BE
ISSUED
AT INITIAL CONVERSION PRICE OF HK$0.049 PER SHARE
Source text for Eikon: ID:nHKSN9C2q
Further company coverage: 8218.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Echo International holdings
See all newsBrief: Echo International Holdings Group Posts FY Revenue HKD 65.48 million
Brief: Echo International Holdings Group Sees Net Profit Attributable Of Hk$0.65 Million For Six Months
Brief: Echo International Says Unit Entered Into A Non-Legally Binding Memorandum Of Agreement With Industronics Berhad
Brief: Echo International Holdings Group Ltd Entered Into An Engagement Letter
Brief: Echo International Says To Allot And Issue Aggregate Of 71.6 Million Subscription Shares