Brief: China Lotsynergy Holdings Co To Place Up To 1.03 Billion New Shares At Hk$0.116 Per Placing Share

China Ecotourism

13/04/2018 12:59

China Lotsynergy Holdings Ltd  1371.HK :
    * CO TO PLACE UP TO 1.03 BILLION NEW SHARES AT HK$0.116 PER
PLACING SHARE
    * MAXIMUM NET PROCEEDS FROM PLACING, AFTER DEDUCTION OF
PLACING
COMMISSION AND OTHER RELATED EXPENSES, ESTIMATED AT ABOUT HK$119
MILLION
    * HK$89.4 MILLION OF NET PROCEEDS OF PLACING INTENDED FOR
REPAYMENT OF EXISTING CONVERTIBLE BONDS

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Further company coverage:  1371.HK