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CIL Holdings Ltd announces completion of GM placing

Tuesday, 28 Jan 2014 06:54am EST 

CIL Holdings Ltd:Says that the condition set out in the GM placing agreement has been fulfilled, and completion of GM placing took place on Jan. 28, in accordance with the terms and conditions of the GM Placing Agreement.Says an aggregate of 313,820,000 GM placing shares have been successfully placed to not less than six placees who and whose ultimate beneficial owners are Independent third parties.Says the net proceeds from the GM placing are about HK$33.2 mln. 

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22 Aug 2014