Brief: Paragon Care Announces Share Placement To China Pioneer Group

Shanghai Pioneer Holding

27/08/2018 01:56

Aug 27 (Reuters) - Paragon Care Ltd  PGC.AX :
    * ANNOUNCES SHARE PLACEMENT TO CHINA PIONEER GROUP; INVOLVES
ISSUE
OF 50.4 MILLION FULLY PAID ORDINARY SHARES AT A PRICE OF AU$0.91
PER SHARE
    * PROCEEDS WILL BE USED TO FUND NEAR TERM ACQUISITIONS OF
COMPLEMENTARY HEALTHCARE BUSINESSES IN AUSTRALIA AND NEW ZEALAND

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