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1259 — Prosperous Future Holdings News Story

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Consumer DefensivesHighly SpeculativeMicro CapValue Trap

Brief: China Child Care Corpl To Place Up To 220 Mln Placing Shares At Hk$0.136 Per Share

June 18 (Reuters) - China Child Care Corpl Ltd  1259.HK :
    * TO PLACE UP TO 220 MILLION PLACING SHARES AT HK$0.136 PER
SHARE
    * NET PROCEEDS INCIDENTAL TO PLACING, ARE ESTIMATED TO BE
ABOUT
HK$29.3 MILLION
    * INTENDS TO APPLY NET PROCEEDS OF HK$29.9 MLN FROM PLACING
TO BUY
INVENTORIES FOR FOOD AND BEVERAGE SERVICES BUSINESS

Source text for Eikon:  ID:nHKS4bFx5b 
Further company coverage:  1259.HK 

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

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