Brief: Sino Resources says subscriber agreed to subscribe for 60 mln shares

Elife Holdings

06/05/2016 11:21

May 6 (Reuters) - Sino Resources Group Ltd  0223.HK : 
 
 * Subscription for new shares to be issued under the general mandate  0223.HK  
 * Company and the subscriber entered into the subscription agreement 
 * Says subscriber agreed to subscribe for 60 million subscription shares at 
price of hk$0.164 per share 
 * Net proceeds from the subscription of approximately hk$9.8 million 
 * Source text for Eikon  urn:newsml:reuters.com:*:nHKSVdzq7 
 
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