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BRIEF-Yuxing Infotech Investment updates on issue Of HK$504 mln 6 pct secured Convertible Bonds Due 2018
May 29, 2017 / 12:58 AM / 5 months ago

BRIEF-Yuxing Infotech Investment updates on issue Of HK$504 mln 6 pct secured Convertible Bonds Due 2018

May 29 (Reuters) - Yuxing Infotech Investment Holdings Ltd

* Proposed Issue Of HK$504 mln 6 pct secured Convertible Bonds Due 2018

* Based on initial conversion price of HK$1.4 per conversion share a maximum number of 360 mln conversion shares may be allotted and issued

* Gross proceeds from issue of convertible bonds will be about HK$504.0 million

* Net proceeds will be used to fund construction of an internet data center of group and for general working capital purposes Source text for Eikon: Further company coverage:

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