Brief: Top Standard Corp Updates On Placing Of New Shares
05/06/2020 14:53
June 5 (Reuters) - Top Standard Corp 8510.HK :
* GRAND CHINA SECURITIES AGREES, TO PROCURE PLACEES TO
SUBSCRIBE
FOR UP TO 160 MILLION SHARES AT PRICE OF HK$0.180 PER PLACING
SHARE
* NET PROCEEDS FROM PLACING ESTIMATED TO BE ABOUT HK$27.2
MILLION
Source text for Eikon: ID:nHKS1TFCjt
Further company coverage: 8510.HK
(Reuters.Briefs@thomsonreuters.com)
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