Brief: Canvest Environmental Protection entered into subscription agreement

Shanghai Industrial Holdings

17/02/2017 10:41

Feb 17 (Reuters) - Canvest Environmental Protection Group Co 
Ltd  1381.HK : 
    * Company and subscriber entered into subscription agreement 
    * Co agreed to issue 300 million subscription shares at 
subscription price of hk$3.5 per subscription share 
    * Net proceeds from subscription will amount to 
approximately hk$1.02 billion 
    * Subscriber is an indirect wholly-owned subsidiary of SIHL 
 
Source text for Eikon:  ID:nHKS9NS89r  
Further company coverage:  1381.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))