Credit China FinTech Holdings Limited
Credit China to Raise HK$600 Million by Placing for Further Deepening Its Internet Finance Services
Date: 30 September, 2015 (30 September 2015, Hong Kong) Credit China Holdings Limited (“Credit China” or the “Company“; together with its subsidiaries, the “Group“, stock code: 8207), the leading internet financial service provider in China, announced that the Group has entered into a Placing Agreement with Sheng Yuan Securities Limited, whereby an aggregate of up to 308 million new shares will be placed to the Placees at the price of HK$1.95 per Placing Share, representing approximately 9.24% of the total existing issued share capital of the Company. The proceeds from the placing amount to approximately HK$600 million. Mr. Li Mingshan, Chairman of Credit China, said, “Through placing, the Group intends to apply the proceeds for the purpose of financing future business development and possible acquisition(s) in the internet financing business, and the deal is in the interests of the Group and shareholders as a whole.” ~ End ~ About Credit China Holdings Limited (Stock code: 8207) Please subscribe to Credit China’s HK wechat account to keep abreast of regular updates on the Group’s business development. Company website: www.creditchina.hk This press release is released by PR ASIA Consultants Limited, on behalf of Credit China Holdings Limited. For more information or enquiries, please contact: End of Press Release +++++ Document: http://n.equitystory.com/c/fncls.ssp?u=NLEHXJHBTU Document title: Credit China to Raise HK$600 Million by Placing for Further Deepening Its Internet Finance Services Key word(s): Miscellaneous 02/10/2015 Dissemination of a Press Release, transmitted by EQS TodayIR – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com |
399531 02/10/2015 |