Brief: ICO Group Says To Place 839 Mln Shares At HK$0.028 Per Share
27/08/2020 16:09
Aug 27 (Reuters) - ICO Group Ltd 1460.HK :
* TO PLACE 839 MILLION SHARES AT PRICE HK$0.028 PER SHARE
* CATERING AUTOMATION TO BUY 30% STAKE IN PS INTERNATIONAL
CO FOR
HK$18 MILLION
* NET PROCEEDS FROM PLACING ESTIMATED TO BE ABOUT HK$22.6
MILLION
* INTENDS TO USE NET PROCEEDS FROM PLACING FOR SETTLING DEAL
CONSIDERATION
Source text https://bit.ly/3lrdq6Y
Further company coverage: 1460.HK
((Reuters.Briefs@thomsonreuters.com;))
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