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01237 CH ENV TECH&BIO
RTNominal up0.345 +0.005 (+1.471%)
Others

23/12/2019 10:53

Ch Env Tech (01237) to issue new shares

[ET Net News Agency, 23 December 2019] China Environmental Technology And Bioenergy
Holdings Limited (01237) said the company entered into a subscription agreement with Han
Hong. Han Hong has conditionally agreed to subscribe for an aggregate of 61.77 million new
shares at the subscription price of HK$0.12 by capitalising a partial amount of Bond I
together with accrued interest thereon in the amount of HK$7.41 million owed by the
company to Han Hong.
Also, the company entered into a subscription agreement with Han Jin. Han Jin has
conditionally agreed to subscribe for an aggregate of 61.77 million new shares at the
subscription price of HK$0.12 by capitalising a partial amount of Bond II together with
accrued interest thereon in the amount of HK$7.41 million owed by the company to Han Jin.
The total subscription shares represent approximately 16.67% of the issued share capital
of the company as enlarged by the allotment and issue of the total subscription shares.
(RC)

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