March 8, 2017 / 12:59 PM / 9 months ago

BRIEF-Sage International Group enters into placing agreement

March 8 (Reuters) - Sage International Group Ltd

* Company entered into placing agreement with placing agent

* Net proceeds of placing, after deduction of placing commission, other related expenses of about HK$894,000, will be about HK$25.5 million

* Sun international securities to place placing shares comprising in aggregate 165 million new shares at placing price of HK$0.16 per placing share Source text for Eikon: Further company coverage:

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