Brief: Huisheng International Holdings To Issue 173.7 Mln Shares
21/09/2018 15:06
Sept 21 (Reuters) - Huisheng International Holdings Ltd
1340.HK :
* CO TO ISSUE 173.7 MILLION PLACING SHARES AT PLACING PRICE
OF
HK$0.159 PER PLACING SHARE
* NET PROCEEDS TO BE RECEIVED BY COMPANY FROM PLACING WILL
AMOUNT
TO ABOUT HK$26.6 MILLION
* NET PROCEEDS FROM PLACING WILL BE USED TO REPAY
OUTSTANDING LOAN
OF HK$21.5 MILLION DUE AND MATURED ON 21 AUGUST 2018
Source text for Eikon: ID:nHKS5pyyFH
Further company coverage: 1340.HK
((Reuters.Briefs@thomsonreuters.com;))
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