Brief: China Opto Holdings enters into placing agreement with placing manager
09/11/2016 11:12
Nov 9 (Reuters) - China Opto Holdings Ltd 1332.HK -
* Company and placing manager entered into placing agreement
* Deal for placing price of hk$0.25 per share
* Net proceeds from placing will amount to approximately
hk$406 million
* Co intends to use net proceeds from placing to redeem
promissory note and to expand and develop Co's QR codes
packaging business
Source text for Eikon: ID:nHKS1l7CDq
Further company coverage: 1332.HK
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