Brief: Ko Yo Chemical Group updates on placing agreement

Ko Yo Chemical (Group)

05/01/2016 10:44

Jan 5 (Reuters) - Ko Yo Chemical Group Ltd  0827.HK : 
 * Says the company and the placing agent entered into the placing agreement 
 * Deal in the aggregate principal amount of not more than hk$50 million 
 * Says initial conversion price of hk$0.40 
 * Says estimated net proceeds of the issue of the convertible bonds will be approximately hk$49 million 
 * Source text for Eikon  ID:nHKS6G7MqS  
 
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