Brief: Xinyi Solar Holdings Says To Place 380 Mln Shares At HK$3.47 Per Share

Xinyi Glass Holdings

08/03/2019 24:27

March 8 (Reuters) - Xinyi Solar Holdings Ltd  0968.HK :
    * TO PLACE  380 MILLION SHARES AT HK$3.47 PER PLACING SHARE
    * ESTIMATED NET PROCEEDS FROM TOP-UP SUBSCRIPTION WILL BE
HK$1,305.3 MILLION
    * NET PROCEEDS FROM TOP-UP SUBSCRIPTION TO BE USED AS CAPEX
OF
SOLAR FARM PROJECTS & SOLAR GLASS PRODUCTION CAPACITY EXPANSION

Source text for Eikon:  ID:nHKS8bwWSb 
Further company coverage:  0968.HK 

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