[ET Net News Agency, 24 January 2018] Guotai Junan (01788) said it agreed to place a
maximum of 700 million top-up placing shares at HK$2.85 per share, representing a discount
of about 7.77% to the closing price of HK$3.09.
The placing shares represent around 9.08% of the enlarged issued share capital of Guotai
Junan.
The maximum net proceeds of about HK$1,933 million will be applied towards the general
working capital of the Group.
Guotai Junan had applied for the resumption of trading in shares tomorrow. (HL)