December 23, 2016 / 11:25 AM / a year ago

BRIEF-CNQC updates on subscription of new shares

Dec 23 (Reuters) - CNQC International:

* Subscription of new shares under a general mandate

* Company entered into subscription agreements with each of subscribers

* Aggregate gross proceeds of subscriptions will be approximately HK$252.45 million

* Company to allot and issue, an aggregate of 99 million subscription shares at HK$2.55 per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780; )

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