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BRIEF-New Silkroutes Group enters subscription agreements to place 25.5 mln shares
November 30, 2016 / 3:20 PM / 10 months ago

BRIEF-New Silkroutes Group enters subscription agreements to place 25.5 mln shares

Nov 30 (Reuters) - New Silkroutes Group Ltd

* Company will be entering into separate subscription agreements to place to subscribers

* Estimated net proceeds from placement will be approximately s$22.3 million

* Agreements to place to subscribers, in aggregate, up to 25.5 million new ordinary shares

* Issue price of s$0.97 per share Source text for Eikon: Further company coverage:

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