March 1, 2017 / 12:25 AM / 9 months ago

BRIEF-Orient Securities to issue a maximum of 800 mln A shares

March 1 (Reuters) - Orient Securities Co Ltd-

* Board approved to revise proposals in relation to proposed non-public issuance of a share

* Company will issue a maximum of 800 million a shares to not more than 10 specific target subscribers

* Expects to raise a gross proceeds of up to rmb12 billion

* Company and shenergy group entered into shenergy subscription agreement

* Orient securities co - shenergy group to subscribe for not less than 200 million and not more than 230 million a shares under proposed non-public issuance of a shares Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below