Brief: China Wah Yan Healthcare enters placing agreement

SoftMedx Healthcare

23/08/2016 15:30

Aug 23 (Reuters) - China Wah Yan Healthcare Ltd  0648.HK : 
 * Wah yan health-placing of new shares under general mandate  0648.HK  
 * Says company entered into the placing agreement with the placing agent 
 * Net proceed from the placing is estimated to be hk$41.4 million 
 * Co agreed to place, through placing agent up to 778.1 million new shares to not less than six placees at placing price of hk$0.055 per placing share 
 
 * Source text for Eikon  ID:nHKS3VVdgy  
 
 * ((Further company coverage:  0648.HK )) 
   ((Bangalore.newsroom@thomsonreuters.com))