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Brief: Cogobuy Group enteres MOU with Placee

May 20 (Reuters) - Cogobuy Group  0400.HK : 
 * Memorandum of understanding relating to placing of new shares under general mandate  0400.HK  
 * On 20 may 2016 , entered into a memorandum of understanding with the placee 
 * Placee has agreed to subscribe for no less than 124.8 million new shares and no more than 187.2 million new shares at HK$12.5 per share 
 * Source text for Eikon  ID:nHKS9Hfrq8  
 
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