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Brief: Frontier Services Group entered into placing agreement with placing agent

Feb 27 (Reuters) - Frontier Services Group Ltd  0500.HK : 
    * Company entered into placing agreement with placing agent 
    * Placing agent has agreed to procure placing of up to 216 
million placing shares to placee at placing price of HK$0.90 per 
share 
    * Net proceeds from placing will be approximately HK$192.5 
million 
 
Source text for Eikon:  ID:nHKS7j1cXF  
Further company coverage:  0500.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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