Brief: Giant Biogene Announces Placing Of Existing Shares And Top-Up Subscription Of New Shares
May 17 (Reuters) - Giant Biogene Holding Co Ltd
2367.HK :
* PLACING OF EXISTING SHARES AND TOP-UP SUBSCRIPTION OF NEW
SHARES
UNDER GENERAL MANDATE
* GROSS PROCEEDS FROM PLACING AND SUBSCRIPTION EXPECTED TO
BE
ABOUT HK$1,641 MILLION
* NET PROCEEDS FROM PLACING AND SUBSCRIPTION EXPECTED TO BE
ABOUT
HK$1,627 MILLION
* PLACING PRICE OF HK$49.40 PER SHARE
* NUMBER OF PLACING SHARES REPRESENT AROUND 3.34% OF NUMBER
OF
SHARES IN ISSUE OF CO
Further company coverage: 2367.HK
((Reuters.Briefs@thomsonreuters.com;))
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