April 11, 2018 / 11:46 PM / in 6 months

BRIEF-Jiangsu Nandasoft Technology Proposes Placing Of 500 Mln H Shares At HK$0.184 Per Share

April 12 (Reuters) - Jiangsu Nandasoft Technology Co Ltd :

* PROPOSED PLACING OF NEW 500 MILLION H SHARES AT PLACING PRICE OF HK$0.184 PER PLACING SHARE

* TO ALLOT & ISSUE 4 BILLION NEW DOMESTIC SHARES TO SUBSCRIBERS FOR RMB0.147 PER SUBSCRIPTION SHARE

* NET PROCEEDS FROM PLACING & SUBSCRIPTION EXPECTED TO BE ABOUT HK$90 MILLION & RMB587.4 MILLION RESPECTIVELY Source text for Eikon: Further company coverage:

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