Brief: Armada Holdings says Great Wall Pan Asia to sell 355.6 mln shares

Great Wall Pan Asia Holdings

12/12/2016 10:24

Dec 12 (Reuters) -    Armada Holdings Ltd  0583.HK : 
    * Controlling shareholder agreed to sell 355.6 million 
shares to investors, at price of hk$1.35 per share 
    * Informed by great wall pan asia (bvi) that it entered into 
placing agreements with certain independent third party 
investors 
    * Co will make application to stock exchange to resume 
trading in shares of stock exchange upon minimum public float in 
shares having been restored 
 
 
     
     
     
     
    Source text for Eikon:  ID:nHKS5zvqsC  
    Further company coverage:  0583.HK  
 
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