December 14, 2016 / 12:54 PM / 7 months ago

BRIEF-Winshine Science Co entered into a subscription agreement

1 Min Read

Dec 14 (Reuters) - Winshine Science Co lTD

* Company entered into a subscription agreement with subscriber

* Co agreed to allot and issue 680 million subscription shares at subscription price of hk$0.18 per subscription share

* Subscriber is lasting wealth enterprises holdings limited

* Gross proceeds of subscription will be hk$122.4 million

* net proceeds from subscription are intended to be used for development of existing business, possible investment in new projects Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below