Brief: Winshine Science Co entered into a subscription agreement

Poly Xverse Intelligent Technology

14/12/2016 11:57

Dec 14 (Reuters) - Winshine Science Co lTD  0209.HK  
    * Company entered into a subscription agreement with 
subscriber 
    * Co agreed to allot and issue 680 million subscription 
shares at subscription price of hk$0.18 per subscription share 
    * Subscriber is lasting wealth enterprises holdings limited 
    * Gross proceeds of subscription will be hk$122.4 million 
    * net proceeds from subscription are intended to be used for 
development of existing business, possible investment in new 
projects 
 
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Further company coverage:  0209.HK  
 
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