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BRIEF-Emperor Capital entered into subscription agreement
December 1, 2016 / 1:21 PM / 10 months ago

BRIEF-Emperor Capital entered into subscription agreement

Dec 1 (Reuters) - Emperor Capital :

* Company and subscriber entered into subscription agreement

* Subscription price of hk$0.66 per subscription share.

* Expected that subscriber will not become a substantial shareholder of company immediately after subscription.

* Aggregate gross and net proceeds of subscription will be approximately hk$404.5 million

* Proceeds intended to be used for expansion of money lending businesses of group Source text for Eikon: Further company coverage:

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