Brief: Luxey International enters into placing agreement with Grand China Securities

IntelliMark AI International

18/07/2016 13:23

July 18 (Reuters) - Luxey International Holdings Ltd  8041.HK : 
 
 * Placing and subscription of new shares under specific mandate  
 * Company and the subscriber entered into a subscription agreement 
 * Says company entered into the placing agreement with the placing agent, grand 
China securities limited 
 * Net proceeds from the placing and subscription approximately HK$58.8 million 
 * Grand China securities agreed to place to independent placees for up to 300 
million new shares at hk$0.10 per placing share 
 * Says company agreed to issue a total of 300 million new shares at the price 
of HK$0.10 per share 
 
   Source text for Eikon  urn:newsml:reuters.com:*:nHKS7rsw7G 
 
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