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China Tycoon Beverage Holdings Ltd announces placing of new shares under general mandate


Monday, 4 Aug 2014 10:54am EDT 

China Tycoon Beverage Holdings Ltd:Entered into the placing agreement with the placing agent.Agreed to place a maximum of 337,280,000 new Shares to not less than six Placees at a price of HK$0.205 per placing share.Maximum gross proceeds and net proceeds from the placing will be about HK$69 mln and HK$67 mln respectively.Net proceeds are intended to be used for general working capital of the group. 

Company Quote

0.295
-0.095 -24.36%
12 Feb 2016