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518 Tungtex Holdings Co News Story

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Brief: Tungtex Holdings Co entered into placing agreement

March 9 (Reuters) - Tungtex Holdings Co Ltd  0518.HK  
    * Company and placing agent entered into placing agreement 
    * Net Proceeds (after taking into account estimated expenses 
in relation to placing) will be approximately HK$41.16 million 
    * Co to place, up to 42 million new shares, to not less than 
six independent placees at a price of HK$1.00 per placing share 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7pNCMJ 
Further company coverage:  0518.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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