May 4, 2018 / 2:59 PM / 3 months ago

BRIEF-HongDa Financial Holding To Place Up To 176.6 Million Placing Shares At HK$0.300 Per Placing Share

May 4 (Reuters) - HongDa Financial Holding Ltd:

* TO PLACE UP TO 176.6 MILLION PLACING SHARES AT PLACING PRICE OF HK$0.300 PER PLACING SHARE

* APPLICATION WILL BE MADE BY CO TO STOCK EXCHANGE FOR LISTING OF, & PERMISSION TO DEAL IN, PLACING SHARES

* NET PROCEEDS OF PLACING WILL AMOUNT TO ABOUT HK$52.5 MILLION Source text for Eikon: Further company coverage:

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