May 13 (Reuters) - Flying Financial Service Holdings Ltd 8030.HK :
* Says entered into the subscription agreements with the subscribers
* Aggregate net proceeds of the subscriptions are estimated to be approximately
HK$188.5 million
* Net proceeds from the subscriptions will be used for investments in potential
property development projects
* Subscribers agreed to subscribe for, total of 200 million subscription shares
at subscription price of HK$0.945 per subscription share
* Source text for Eikon ID:nHKS87hfyB
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