Brief: New Focus Auto Tech To Issue 2.38 Billion Subscription Shares

New Focus Auto Tech Holdings

21/12/2017 14:20

Dec 21 (Reuters) - New Focus Auto Tech Holdings Ltd 
 0360.HK : 
    * CO TO ALLOT & ISSUE 2.38 BILLION SUBSCRIPTION SHARES AT 
SUBSCRIPTION PRICE OF HK$0.42 PER SUBSCRIPTION SHARE TO  
SUBSCRIBERS 
    * NET PROCEEDS FROM SUBSCRIPTIONS ARE EXPECTED TO BE ABOUT 
HK$965 
MILLION 
 
Source text for Eikon:  ID:nHKS3NpMjC  
Further company coverage:  0360.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))