Brief: New Concepts Holdings says entered agreement with Forest Water Environmental Engineering

Forest Water Environmental Eng'G

03/10/2017 14:16

Oct 3 (Reuters) - New Concepts Holdings Ltd  2221.HK  
    * Entered subscription agreement with subscriber Forest 
Water Environmental Engineering Co Ltd 
    * Agreement pursuant to which co agreed to issue convertible 
bonds  of US$5 million to Forest Water Environmental Engineering 
    * Net proceeds from subscription of about HK$38 million to 
be used for co's investment in kitchen waste & water treatment 
businesses 
 
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