Brief: Enterprise Development says entered into placing agreement
06/04/2016 12:49
April 6 (Reuters) - Enterprise Development Holdings Ltd 1808.HK : * Company entered into the placing agreement with the placing agent * Says gross proceeds and net proceeds from the placing will be approximately hk$39.7 million and hk$37.7 million respectively * Proceeds will be used for general working capital of group, for funding investment opportunities from time to time * Placing of 696.5 million placing shares at the placing price of hk$0.057 per placing share * Source text 9http://bit.ly/1V903aY) ((For more news, please click here 1808.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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