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01166 SOLARTECH-NEW
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08/03/2013 09:03

Solartech Int'l (01166) places 31.24m shares for HK$12m

[ET Net News Agency, 8 March 2013] Solartech International (01166) said it agreed to
place up to 31.24 million new shares at HK$0.4 apiece, representing a discount of about
14.9% to the closing price of HK$0.47.
The placing shares represent about 16.66% of the enlarged issued share capital of
Solartech.
The maximum net proceeds of about HK$12 million will be used for the general working
capital of the Group and repayment of bank loans. (HL)

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