Brief: U-Right International proposes placing of shares and convertible bonds

Vision Synergy Holdings

15/02/2017 14:49

Feb 15 (Reuters) - U-right International Holdings Ltd 
 0627.HK  
    * In process of negotiating,finalising terms under placing 
agreements with security houses regarding share placing and cb 
placing 
    * Expected that share placing agent will place an aggregate 
of 2.73 billion placing shares at hk$0.22 per placing share 
    * Expected CB placing agent will place convertible bonds 
with aggregate principal amount of not more than hk$200 million 
 
Source text for Eikon:  ID:nHKS6p2VFy  
Further company coverage:  0627.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))