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China Oilfield Services Ltd announces completion of placing


Wednesday, 15 Jan 2014 05:58am EST 

China Oilfield Services Ltd:Says all the conditions as set out in the placing agreement have been fulfilled and the placing completed on Jan. 15 in accordance with the terms and conditions of the placing agreement.An aggregate of 276,272,000 new H Shares, representing about 5.79 pct of the total number of issued shares as enlarged by the allotment and issue of the placing shares, have been successfully allotted and issued by the company.At the placing price of HK$21.30 to no fewer than six but no more than ten Placees, who and whose ultimate beneficial owners are third parties independent of the company and its subsidiaries and are not connected persons of the company.The gross and net proceeds raised from the placing were about HK$5,884,593,600 and HK$5,819,392,302.91, respectively. 

Company Quote

13.74
0.18 +1.33%
9:53pm EST