Brief: E-Kong Group enters placing agreement

Great Wall Terroir Holdings

31/10/2016 23:02

Nov 1 (Reuters) - E-kong Group Ltd  0524.HK  
    * Company and placing agent entered into placing agreement 
    * Placees to subscribe for up to 145.9 million placing 
shares at a price of HK$0.38 per placing share 
    * Net proceeds will be approximately HK$55.00 million 
    * Aggregate nominal value of maximum number of placing 
shares under placing amounts to HK$1.5 million 
 
Source text for Eikon:  ID:nHKS4NnKbR  
Further company coverage:  0524.HK  
 
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