Brief: XD Inc Issues 26.1 MLN New Shares At Price Of HK$29.9 Per Share

XD

24/06/2020 02:47

June 24 (Reuters) - XD Inc  2400.HK :
    * ISSUE 26.1 MILLION NEW SHARES AT PRICE OF HK$29.9 PER
SHARE
    * ESTIMATED NET PROCEEDS FROM VENDOR PLACING AND
SUBSCRIPTION IS
ABOUT HK$767.33 MILLION.
    * INTENDS TO APPLY NET PROCEEDS TO BE RECEIVED BY IT FOR
FUNDING
FURTHER DEVELOPMENT OF TAPTAP AND GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nHKSc67mNw 
Further company coverage:  2400.HK 

 ((Reuters.Briefs@thomsonreuters.com;))