Brief: Daqing Dairy says Choi and Choi Ka Wai will resign as executive directors

Longhui International Holdings

07/08/2017 23:33

Aug 8 (Reuters) - Daqing Dairy Holdings Ltd  1007.HK : 
    * Choi and Choi Ka Wai will resign as executive directors 
    * Proposes to implement share consolidation on basis every 2 
issued and unissued shares of HK$0.00001 each will be 
consolidated into 1 share of HK$0.00002 
    * CNI Securities will place an aggregate of up to 757.9 
million placing shares at HK$0.1025 per placing share 
    * Proposes to raise about HK$10.36 million by way of open 
offer 
    * 101.1 million offer shares will be issued at offer price 
of HK$0.1025 per offer share on basis of 1 offer share for 5 
consolidated shares held 
    * Hung Shui Chak, So Kam Chuen, Yuan Mingjie and Chen Jun 
will be appointed as executive directors 
 
Source text for Eikon:  ID:nHKS515J31  
Further company coverage:  1007.HK  
 
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