February 24, 2017 / 2:31 PM / 5 months ago

BRIEF-Shanghai Zendai Property updates on proposed issue of convertible bonds

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Feb 24 (Reuters) - Shanghai Zendai Property Ltd

* Company and subscriber entered into cb subscription agreement

* Net proceeds, after deduction of professional and other related expenses, will amount to about hk$1.65 billion

* Co has conditionally agreed to issue, convertible bonds in an aggregate principal amount of hk$1.65 billion Source text for Eikon: Further company coverage:

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