Brief: Qianhai Health entered into placing agreement
06/12/2016 11:39
Dec 6 (Reuters) - Qianhai Health Holdings Ltd 0911.HK
* Placing agent and company entered into placing agreement
* Co agreed to place through placing agent, on a best effort
basis, up to 1 billion placing shares at placing price of
HK$0.135 per placing share
* It is expected that net proceeds from placing will be
approximately HK$128.3 million
* Net proceeds from placing are intended to be used for
procurement of american ginseng, general working capital
Source text for Eikon: urn:newsml:reuters.com:*:nHKS8dD9C4
Further company coverage: 0911.HK
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