Brief: Ta Yang enters placing agreement
Aug 16 (Reuters) - Ta Yang Group Holdings Ltd 1991.HK : * On 16 August 2016, the company and the placing agent entered into the placing agreement * Says gross proceeds and net proceeds from the placing will be approximately HK$113.3 million and HK$111.9 million * company has conditionally agreed to place up to 86.5 million placing shares through zhongtai international securities * Source text for Eikon ID:nHKS5D5YDp ((Further company coverage: 1991.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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