Brief: Shifang Holding and Aurora Borealis Investment Services enters into placing agreement

Shifang Holding

11/07/2016 23:06

July 12 (Reuters) - Shifang Holding Ltd  1831.HK : 
 * Placing of new shares under general mandate  1831.HK  
 * Says company and the placing agent entered into the placing agreement 
 * Gross and net proceeds from the placing will be approximately hk$99 million 
   and hk$97 million respectively 
 * Pursuant to deal co appointed the placing agent to place maximum of 241.4 
   million placing shares at a price of hk$0.41 per placing share 
 
 * Source text for Eikon  ID:nHKS9lgWjR  
 
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