March 3, 2017 / 2:57 PM / 5 months ago

BRIEF-HMV Digital China entered agreements to place 3.74 bln new shares

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March 3 (Reuters) - Hmv Digital China Group Ltd

* Company entered into placing agreements with placing agents in relation to placings

* Placing of up to 3.74 billion new shares at placing price of HK$0.25 per placing share

* Net proceeds from SM placing will be approximately HK$739.60 million

* Net proceeds from GM placing will be approximately HK$185 million Source text for Eikon: Further company coverage:

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