Minshang Creative Technology Holdings logo

1632 - Minshang Creative Technology Holdings News Story

HK$0.52 0.0  2.0%

Last Trade - 07/08/20

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £43.8m
Enterprise Value £45.1m
Revenue £99.1m
Position in Universe 4057th / 5983

BRIEF-Minshang Creative Technology Announces Possible Acquisition And Placing of Shares

Tue 6th November, 2018 2:43pm
Nov 6 (Reuters) - Minshang Creative Technology Holdings Ltd
 1632.HK :
    * ANNOUNCES MOU FOR POSSIBLE ACQUISITION OF 50% EQUITY
INTERESTS
IN A COMPANY ESTABLISHED IN PRC WITH LIMITED LIABILITY
    * SAYS PLACING OF NEW SHARES TO MAXIMUM OF 56.6 MILLION
PLACING
SHARES AT PLACING PRICE OF HK$1.1 PER PLACING SHARE.
    * NET PROCEEDS FROM PLACING ARE ESTIMATED TO BE ABOUT
HK$58.7
MILLION

Source text for Eikon:  ID:nHKS8mVLP6 
Further company coverage:  1632.HK 

 ((Reuters.Briefs@thomsonreuters.com;))
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