October 17, 2016 / 3:07 PM / 10 months ago

BRIEF-Chinese Strategic Holdings entered into agreement to place 150 mln shares

Oct 17 (Reuters) - Chinese Strategic Holdings Ltd

* Chinese strategic holdings ltd- company and placing agent entered into placing agreement

* Chinese strategic holdings ltd- company to place, through placing agent, a maximum of 150 million placing shares at a price of hk$0.24 per placing share

* Maximum net proceeds from placing will be approximately hk$34.9 million

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