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BRIEF-Fortunet E-commerce Group enters placing agreements with Ccb International Capital Ltd
December 16, 2016 / 11:55 AM / in 10 months

BRIEF-Fortunet E-commerce Group enters placing agreements with Ccb International Capital Ltd

Dec 16 (Reuters) - Fortunet E-commerce Group Ltd

* Placing agent and company have entered into placing agreements

* Net proceeds from placing will be up to approximately hk$570 million

* Intends to use net proceeds for future investment pursuant to investment objectives of company

* Co to place, through placing agent, maximum of 291.2 million new shares to independent placees, at a price of hk$1.98 per placing share

* Placing agent is Ccb International Capital Limited Source text for Eikon: Further company coverage:

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