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Harmonic Strait Financial Holdings Ltd announces subscription of new shares under general mandate


Tuesday, 29 Jul 2014 09:30am EDT 

Harmonic Strait Financial Holdings Ltd:Enters into subscription agreement with subscribers pursuant to which subscribers have conditionally agreed to subscribe for and the company has conditionally agreed to allot and issue aggregate of 357,000,000 subscription shares at subscription price of HK$0.1 per subscription share.Obligations of each of subscribers under subscription agreement are several (not joint or joint and several) and their rights are separate and independent.Net proceeds derived from subscription is about HK$35.7 mln.Intends to use net proceeds for potential acquisition activities as identified by the company from time to time and as general working capital of the company. 

Company Quote

0.135
0.0 +0.00%
24 Oct 2014