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Stanfield Funds Management Ltd announces new issue of shares


Thursday, 9 Jan 2014 12:54am EST 

Stanfield Funds Management Ltd:Says the issue of 625,000 ordinary shares on Jan. 07 to Skyline Entertainment Holding Limited (Skyline).Says Skyline has become a new substantial holder in Stanfield, holding 14.20 pct of the issued capital of the company.Says Skyline has invested A$250,000 and received 625,000 ordinary shares at A$0.40 per share.Says these funds will be used for working capital and to pursue opportunities in the asian market. 

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