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Core Economy Inv(00339)places 27M shares to Sun Oxford
12 Feb 2019
(Infocast News) Core Economy Investment Group Limited(00339) announced that it has been notified by the Placing Agent recently that one Placee (instead of not less than six Placees as disclosed in the Announcement) has been procured to subscribe for the Placing Shares under the Placing. A supplemental placing agreement is entered into between the Company and the Placing Agent in this regard on 12 February 2019. The Placee procured by the Placing Agent is Sun Oxford Co., Limited, a company incorporated in Hong Kong with limited liability. The Placee and its ultimate beneficial owner(s) are Independent Third Parties.

The Placee will subscribe for all the 27 million Placing Shares, representing 16.65% of the share capital of the Company as enlarged by the allotment and issue of the Placing Shares.

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