Brief: Longitech Smart Energy Enters Agreement To Place Notes In Principal Amount Of Up To HK$339 Million

Xinda Investment Holdings

29/10/2018 13:55

Oct 29 (Reuters) - Longitech Smart Energy Holding Ltd
 1281.HK :
    * ENTERED AGREEMENT IN RELATION TO PLACING IN PRINCIPAL
AMOUNT OF
UP TO HK$339 MILLION
    * AGREEMENT BASED ON INITIAL CONVERSION PRICE OF HK$2.00,
THE
CONVERTIBLE NOTES WILL BE CONVERTIBLE INTO 169.5 MILLION NEW
SHARES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2ZTV27
Further company coverage:  1281.HK 

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