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BRIEF-National Arts Entertainment And Culture Group announces lapse of placing deal
January 9, 2017 / 10:34 AM / 10 months ago

BRIEF-National Arts Entertainment And Culture Group announces lapse of placing deal

Jan 9 (Reuters) - National Arts Entertainment And Culture Group Ltd

* Refers to Dec 2 placing agreement for placing of convertible bonds, to not less than six placees under general mandate

* Placing agreement is terminated and placing will not proceed

* Lapse of placing agreement has no material adverse effect on business operation and financial position of co Source text for Eikon: Further company coverage:

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