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BRIEF-Accrelist says Summit Planners Advisory Group & Liu Song to subscribe shares in capital of co
October 11, 2017 / 2:32 PM / 2 months ago

BRIEF-Accrelist says Summit Planners Advisory Group & Liu Song to subscribe shares in capital of co

Oct 11 (Reuters) - Accrelist Ltd

* Summit Planners Advisory Group and Liu Song to subscribe 500 million new ordinary shares in capital of company for consideration of S$4 million​

* ‍Estimated net proceeds from proposed placement is about S$3.9 million ​

* ‍Each of subscribers shall be subscribing to 250 million subscription shares at S$0.008 per subscription share​

* Intends to use 75 percent of net proceeds from proposed placement to support m&a activities in e-medical arena, for we crowdfunding ‍​ Source text for Eikon: Further company coverage:

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