Brief: Xinyi Solar updates on placing and top-up subscription

Xinyi Glass Holdings

26/10/2015 22:24

Oct 26 (Reuters) - Xinyi Solar Holdings Ltd  0968.HK : 
* Placing and top-up subscription under general mandate  0968.HK  
* Says vendor, Xinyi glass, Xinyi Solar and the sole placing agent entered into the placing and subscription agreement 
* Proceeds are intended to be used as capital expenditure of solar farm projects and solar glass production capacity expansion 
* Gross proceeds and net proceeds from the top-up subscription will be hk$543.5 million and hk$537 million, respectively 
 
  Source text for Eikon  ID:nHKS2GS602  
 
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