Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00245 CHINA VERED FIN
RTNominal unchange0.050 0.000 (0.000%)
Disclosure of Interest

04/10/2019 10:56

China Minsheng Fin (00245) to place shares for HK$491.79m

[ET Net News Agency, 4 October 2019] China Minsheng Financial Holding Corporation
Limited (00245) said it has conditionally agreed to place up to an aggregate of 5.79
billion placing shares at a placing price of HK$0.085 per placing share to not less than
six placees.
The maximum number of 5.79 billion placing shares represent approximately 16.67% of the
issued share capital of the company as enlarged by the allotment and issue of the placing
shares. The placing price of HK$0.085 per placing phare represents a discount of
approximately 5.56% to the closing price of HK$0.09 per share on the date of the placing
agreement.
Assuming all the placing shares are fully placed, the gross proceeds will be
approximately HK$491.79 million. The net proceeds are estimated to be approximately
HK$486.87 million. The company intends that the net proceeds will be utilised for general
working capital and for funding investment opportunities. (RC)

Remark: Real time quote last updated: 28/03/2024 18:00
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.