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Sinoref Holdings Ltd announces placing

Friday, 10 Jan 2014 05:51am EST 

Sinoref Holdings Ltd:Enters into the placing and subscription agreement with the vendor and the placing agent pursuant to which the vendor agreed to place, through the placing agent up to 200,000,000 placing shares to not less than six placees at a price of HK$0.38 per placing share.The placing shares (or the new shares) represent about 16.67 pct of the existing issued share capital of the company of 1,200,000,000 shares as at the date of this announcement and;.About 14.29 pct of the issued share capital of the company of 1,400,000,000 shares as enlarged by the subscription.The Placing is expected to be completed on Jan. 13. 

Company Quote

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24 Oct 2014