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AXB Yongnam Holdings News Story

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Brief: Yongnam Holdings entered placement agreement with CIMB Securities (Singapore)

Oct 5 (Reuters) - Yongnam Holdings Ltd  YNAM.SI  
    * Entered into a placement agreement with CIMB Securities 
(Singapore) Pte as placement agent 
    * Proposed placement will allow company to raise net cash 
proceeds of about S$11.9 million 
    * Placement of up to 47.5 million new ordinary shares of co 
at S$0.255 for each placement share for S$12.1 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ7JVkwP 
Further company coverage:  YNAM.SI  
 
 (bangalore.newsroom@thomsonreuters.com)

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