May 2, 2018 / 3:23 PM / 24 days ago

BRIEF-Daqing Dairy Proposes Placing And Open Offer

May 2 (Reuters) - Daqing Dairy Holdings Ltd:

* TO RAISE HK$10.4 MILLION AT OPEN OFFER BY ALLOTMENT AND ISSUE OF 101.1 MILLION OFFER SHARES AT HK$0.1025/OFFER SHARE ON 1 FOR 5 SHARES

* PLACING AGENT TO PLACE 757.9 MILLION PLACING SHARES AT HK$0.1025 PER PLACING SHARE FOR NET PROCEEDS OF HK$75.74 MILLION Source text for Eikon: Further company coverage:

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