Brief: Xinhua News Media enters placing agreement with Bonus Eventus Securities Ltd
18/09/2016 23:05
Sept 19 (Reuters) - Xinhua News Media Holdings Ltd 0309.HK : * On 15 September 2016 the company entered into the placing agreement with the placing agent * Agreed to place, maximum of 273.5 million new shares to not less than six placees at hk$0.157 per placing share * Says net proceeds from the placing will be approximately hk$40.7 million * Agreement with placing agent Bonus Eventus Securities Limited * Source text for Eikon ID:nHKSb2ZLTc ((Further company coverage: 0309.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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