Brief: sinjia Land proposes placement of new ordinary shares

Prospera Global

14/03/2017 24:25

March 14 (Reuters) - Sinjia Land Ltd ()  SINJ.SI  
    * Proposed Placement Of 35 mln New Ordinary Shares In The 
Capital Of Sinjia Land Limited 
    * Aggregate consideration payable by subscribers for 
subscription of new shares is s$2.1 million 
    * Company had, on 13 march 2017, entered into a subscription 
agreement with subscribers 
    * Estimated net proceeds from placement due to company is 
expected to amount to approximately s$1.98 million 
 
Source text for Eikon:  ID:nSNZGVzjl  
Further company coverage:  SINJ.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))