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BRIEF-Zhi Cheng says terminates previous placing agreement and enters new placing agreement
September 25, 2017 / 3:13 PM / 3 months ago

BRIEF-Zhi Cheng says terminates previous placing agreement and enters new placing agreement

Sept 25 (Reuters) - Zhi Cheng Holdings Ltd

* Terminates previous placing agreement and enters into new placing agreement in relation to placing of new shares under general mandate

* Net proceeds from new placing agreement will be about HK$82 million

* After termination, co and placing agent entered into placing agreement to place up to 450 million placing shares at HK$0.188 per placing share Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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