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BRIEF-China Public Procurement and Ngongfull Science And Technology entered into a subscription agreement
June 5, 2017 / 10:47 PM / 4 months ago

BRIEF-China Public Procurement and Ngongfull Science And Technology entered into a subscription agreement

June 6 (Reuters) - China Public Procurement Ltd-

* Company and ngongfull science and technology limited entered into subscription agreement

* Gross proceeds and net proceeds from issue of subscription shares estimated to be about hk$69.4 million and hk$68.5 million

* Proposes share consolidation on basis that every 10 existing shares of hk$0.01 each be consolidated into 1 consolidated share of hk$0.1 each

* ‍Ngongfull science and technology has agreed to subscribe for 2.29 billion shares of co ​at hk$0.0303 per share ‍​ Source text for Eikon: Further company coverage:

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