Brief: Finsoft Financial Investment enters placing agreement
22/08/2016 14:01
Aug 22 (Reuters) - Finsoft Financial Investment Holdings Ltd 8018.HK : * Fin-placing of new shares under general mandate 8018.HK * Company and the placing agent entered into the placing agreement * Says the maximum gross proceeds from the placing will be HK$21.6 million * Agreed to place through placing agent, on a best effort basis, up to 144mln new shares at a price of HK$0.15 per placing share * Company intends to apply net proceeds for financing redemption of the part of loan notes and the payment of the interests accrued thereon * Source text for Eikon urn:newsml:reuters.com:*:nHKS6qqh4Q ((Further company coverage: 8018.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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