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10 months ago
BRIEF-Enterprise Development Holdings updates on possible termination of underwriting agreement
September 30, 2016 / 2:42 PM / 10 months ago

BRIEF-Enterprise Development Holdings updates on possible termination of underwriting agreement

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Sept 30 (Reuters) - Enterprise Development Holdings Ltd

* Company is in negotiation for an alternative fund raising plan, which may be in form of rights issue, placement of shares, or others

* Possible termination of underwriting agreement and proposed rights issue will not materially and adversely affect operation of group for time being

* Company and underwriter are in process of negotiating for termination of underwriting agreement and termination of rights issue.

* Approved termination of underwriting agreement Source text for Eikon: Further company coverage:

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