Brief: Forgame Holdings updates subscription of convertible bonds issued by Yinker Inc

Forgame Holdings

03/08/2016 15:54

Aug 3 (Reuters) - Forgame Holdings Ltd  0484.HK : 
 * Discloseable transaction - subscription of convertible bonds issued by yinker 
   inc. and change in use of proceeds  0484.HK  
 * Company entered into the investment agreement with yinker inc., among others 
 * To subscribe for, and yinker inc. agreed to issue, the convertible bonds in 
   aggregate principal amount of RMB300 million 
 * Says subscription price will be financed by the IPO proceeds and the placing 
   proceeds 
 * Expects to use the net proceeds from the placing for any potential mergers 
   and acquisitions transactions of group 
 
 * Source text for Eikon  ID:nHKS3k9P56  
 
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