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BRIEF-Lifebrandz proposes placement of 10.4 mln new ordinary shares
June 22, 2017 / 3:22 PM / in 2 months

BRIEF-Lifebrandz proposes placement of 10.4 mln new ordinary shares

June 22 (Reuters) - Lifebrandz Ltd.:

* Proposes placement of 10.4 mln new ordinary shares at s$0.048 for each subscription share

* Entered into subscription agreements with each of subscribers Yoshio Ono and Kayoko Francis

* Net proceeds from placement will be approximately s$482,660

* Yoshio Ono and Kayoko Francis to subscribe for an aggregate of 10.4 million new ordinary shares in capital of co at s$0.048 for each subscription share Source text for Eikon: Further company coverage:

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