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Genvon Group Ltd announces completion of subscription

Friday, 1 Aug 2014 04:16am EDT 

Genvon Group Ltd:Refers to the announcement dated Jan. 17.Says all the conditions precedent to the subscription have been fulfilled on July 23.Completion of the subscription of 400,000,000 subscription shares has taken place on July 31.The net proceeds from the subscription, after deducting the related expenses, is about HK$128.0 million which is intended to be used as the general working capital of the group. 

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