Brief: Natural Cool Holdings Co enters subscription with Ng Quek Peng
20/10/2016 15:05
Oct 20 (Reuters) - Natural Cool Holdings Ltd NCHL.SI
* Co entered into a subscription with Ng Quek Peng
* Estimated net proceeds will be approximately s$1.7 million
* Intends to use net proceeds to fund regional and local
growth and expansion of group's aircon and paint businesses
* Subscriber agreed to subscribe for 27 million new ordinary
shares in capital of company at an issue price of s$0.065 for
each subscription
Source text for Eikon: ID:nSNZbNtFYH
Further company coverage: NCHL.SI
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