Brief: Sunrise China Technology says co entered into placing agreement to place 227.5 mln new shares

KOALA Financial

09/06/2016 11:14

June 9 (Reuters) - Sunrise China Technology Group Ltd  8226.HK : 
 * The company entered into the placing agreement with the placing agent 
 * Net proceeds receivable by the company under the placing are estimated to be approximately hk$34.8 million 
 * Placing agent kingsway financial services group agreed to place, 227.5 million new shares at hk$0.158 per placing share 
 * Source text (http://bit.ly/1U2QlYl) 
 
 
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