Brief: JC Group updates on HKEX ruling concerning share placement

Tonking New Energy group

12/01/2016 14:48

Jan 12 (Reuters) - JC Group Holdings Ltd  8326.HK : 
 * Ruling states that the hkex considers that the company would become a cash company" 
 * Says has received a ruling from the stock exchange of Hong Kong limited on 12 January 2016 concerning the placing 
 * It would be inappropriate to grant the listing approval of the placing shares" 
 * Says refers to announcement regarding placing of up to 50 million new shares of the company under the general mandate 
 * Source text for Eikon  ID:nHKS6zvHYb  
 
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