United Kingdom

Alltronics Holdings enters subscription agreement<0833.HK>

Wednesday, 17 Aug 2016 

Alltronics Holdings Ltd <0833.HK>: Company entered into the subscription agreement with the investor . Says the gross proceeds from the subscription will be approximately hk$78.3 million . Agreed to allot and issue, a total of 52.6 million subscription shares at the subscription price of hk$1.49 per subscription share . Co intends to use the net proceeds from subscription, approximately hk$20 million for expansion of group's electronics business in the prc . 

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