Brief: Union Asia Enterprise updates on placing agreement
28/07/2016 23:04
July 29 (Reuters) - Union Asia Enterprise Holdings Ltd 8173.HK : * Ent-placing of new shares under general mandate 8173.HK * The company entered into the placing agreement with the placing agent * Gross proceeds and net proceeds from the placing will be approximately hk$45.54 million and hk$44.11 million respectively * Issuer is the company and placing agent is cheong Lee securities limited * Company has agreed to place, maximum of 569.2 million placing shares at the placing price of hk$0.08 per placing share * Source text for Eikon ID:nHKS1zPn6z ((For more news, please click here 8173.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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