December 28, 2017 / 1:38 PM / 5 months ago

BRIEF-Victory City International To Place Shares To Raise About HK$157 Mln

Dec 28 (Reuters) - Victory City International Holdings Ltd :

* CO TO PLACE UP TO 838 MILLION PLACING SHARES AT HK$0.190 PER SHARE TO NOT LESS THAN SIX PLACEES

* NET PROCEEDS FROM PLACING WILL AMOUNT TO ABOUT HK$157 MILLION​

* INTENDS TO RESERVE PROCEEDS TO FORM JOINT VENTURE IN CAMBODIA FOR DYED FABRIC AND GARMENT MANUFACTURING Source text for Eikon: Further company coverage:

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