Brief: Hang Fat Ginseng Holdings updates on placing agreement
26/05/2016 15:36
May 26 (Reuters) - Hang Fat Ginseng Holdings Co Ltd 0911.HK : * Placing of new shares under the general mandate 0911.HK * The company entered into the placing agreement * It is expected that the net proceeds from the placing will be approximately hk$197.8 million * net proceeds from placing are intended to be used for repayment of liabilities (including trade payables, bank borrowings) * Source text for Eikon ID:nHKS6ld4SQ ((For more news, please click here 0911.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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