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Provider: Reuters Investment Profile
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Provider: Wright Reports
$75.00
Provider: SBI E2-Capital Securities Ltd.
$81.00
Provider: SADIF-Investment Analytics, S.A.
$25.00

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China Print Power Group Ltd announces proposed placing of up to 41,800,000 new shares


Wednesday, 18 Dec 2013 08:00am EST 

China Print Power Group Ltd:Says company and the placing agent entered into the Placing Agreement pursuant to which the Placing Agent conditionally agreed to place, up to 41,800,000 Placing Shares to not less than six Placees who are Independent Third Parties at a Placing Price of HK$2.60 per Placing Share.Says maximum gross proceeds and estimated net proceeds from the Placing will be approximately HK$108,680,000 and HK$106,380,000 respectively.Says these are intended to be used for potential acquisition activities as identified by the Group from time to time as opportunities arise and as the general working capital of the Group. 

Company Quote

2.88
0.03 +1.05%
22 Jul 2014