Brief: U Banquet Group announces placing of new shares
04/01/2017 14:49
Jan 4 (Reuters) - U Banquet Group Holding Ltd 1483.HK :
* Company to place up to an aggregate of 93 million new
shares at HK$1.61 per share
* Gross proceeds of placing will amount to approximately
HK$149.73 million
* Net proceeds receivable by company, after deducting
relevant expenses incurred in relation to placing, are estimated
to be about HK$146.74 million
Source text for Eikon: urn:newsml:reuters.com:*:nHKS70DZtq
Further company coverage: 1483.HK
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