Brief: Sage International Group enters into placing agreement

Qing Hua Holding

08/03/2017 10:20

March 8 (Reuters) - Sage International Group Ltd  8082.HK  
    * Company entered into placing agreement with placing agent 
    * Net proceeds of placing, after deduction of placing 
commission, other related expenses of about HK$894,000, will be 
about HK$25.5 million 
    * Sun international securities to place placing shares 
comprising in aggregate 165 million new shares at placing price 
of HK$0.16 per placing share 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4hl0sj 
Further company coverage:  8082.HK  
 
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