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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Amax Holdings Ltd Completes Placing Of New Shares

Monday, 17 Jun 2013 04:31am EDT 

Amax Holdings Ltd announced that all conditions of the Placing have been fulfilled and the completion of the Placing took place on June 17, 2013. 9,600,000 Placing Shares have been successfully placed by the Placing Agent to six Placees at the Placing Price of HKD0.83 per Placing Share pursuant to the terms and conditions of the Placing Agreement. 9,600,000 Placing Shares represent approximately 4.42% of the issued share capital of the Company immediately after completion of the Placing. The aggregate nominal value of the Placing Shares issued under the Placing is HKD1.92 million. 

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