Brief: Xtep International Holdings Announces Placing Of Existing Shares And New Shares
29/03/2019 01:16
March 29 (Reuters) - Xtep International Holdings Ltd
1368.HK :
* ANNOUNCES PLACING OF 247.1 MILLION EXISTING SHARES AND
247.1
MILLION NEW SHARES AT HK$5.56 PER SHARE
* INTENDS TO USE NET PROCEEDS TO FINANCE POTENTIAL
ACQUISITION OF
INTERNATIONAL SPORTSWEAR BRANDS, AMONG OTHERS
* NEW SHARES TO BE ISSUED BY COMPANY TO GROUP SUCCESS
INVESTMENTS
LIMITED UNDER SUBSCRIPTION AS VENDOR
Source text for Eikon: ID:nHKS28VCsB
Further company coverage: 1368.HK
((Reuters.Briefs@thomsonreuters.com;))
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