March 2, 2017 / 1:18 PM / 6 months ago

BRIEF-Spackman Entertainment updates on placement agreement

March 2 (Reuters) - Spackman Entertainment Group Ltd :

* Uob Kay Hian Private Limited as placement agent to place out up to 38.1 million new ordinary shares in capital of company

* Net proceeds from proposed placement is expected to amount to approximately S$5.95 million

* Agreement at a placement price of S$0.161 per share Source text for Eikon: Further company coverage:

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