[ET Net News Agency, 19 July 2018] ISP Global (08487) said its controlling shareholder
Express Ventures was entered into a placing agreement with Head & Shoulders Securities to
place up to 26 million shares of the company held by Express Ventures at HK$1.9 per
placing share.The placing shares represent 3.29% of the existing issued share capital of
the company.
Upon completion of the placing, the number of shares held by Express Ventures will
decrease to 573 million shares, representing 71.71% of the existing issued share capital
of the company and Express Ventures will remain the controlling shareholder of the
company. (SC)