April 6, 2017 / 12:35 PM / 4 months ago

BRIEF-Celestial Asia Securities Holdings says unit entered into subscription agreement with Ever Billion Group as subscriber

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April 6 (Reuters) - Celestial Asia Securities Holdings Ltd:

* CFSG (a non-wholly-owned subsidiary of cash) (as issuer) entered into subscription agreement with subscriber (Ever Billion Group Limited)

* Application has been made by cfsg and cash to stock exchange for resumption of trading in cfsg shares with effect from 7 april 2017

* CFSG conditionally agreed to allot and issue 826 million subscription shares at subscription price of hk$0.28 per subscription share

* Subscriber shall pay total subscription price of hk$231.3 million in cash

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