Reuters logo
BRIEF-Kwan On Holdings says Sino Coronet to subscribe to share issue
September 1, 2017 / 12:07 PM / 3 months ago

BRIEF-Kwan On Holdings says Sino Coronet to subscribe to share issue

Sept 1 (Reuters) - Kwan On Holdings Ltd:

* Entered subscription agreement with Sino Coronet, substantial shareholder interested in about 11.25 percent in issued share capital of co

* Co to allot and issue, and Sino Coronet will subscribe for, 140 million subscription shares at subscription price of HK$1.30 per subscription share

* Net proceeds of the subscription after fees & related expenses) expected to be about HK$181.3 million Source text: (bit.ly/2vxH5Ft) Further company coverage: (bangalore.newsroom@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below