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BRIEF-Winshine Science Co entered into a subscription agreement
December 14, 2016 / 12:57 PM / 9 months ago

BRIEF-Winshine Science Co entered into a subscription agreement

Dec 14 (Reuters) - Winshine Science Co lTD

* Company entered into a subscription agreement with subscriber

* Co agreed to allot and issue 680 million subscription shares at subscription price of hk$0.18 per subscription share

* Subscriber is lasting wealth enterprises holdings limited

* Gross proceeds of subscription will be hk$122.4 million

* net proceeds from subscription are intended to be used for development of existing business, possible investment in new projects Source text for Eikon: Further company coverage:

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