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Inno-Tech (8202) issues shares to 4 subscribers and signs consultancy agreement with Galaxy Capital Ltd | Supplemental announcement
Company announcement, 14-Jan-2010
They are Galaxy China Special Situation Fund SPC for 34.5m shares (6.76%), Galaxy China Deep Value Fund for 65m shares (3.16%), Cheever Capital Management (Asia) Ltd for 20.8m shares (3.44%), and Chen Zhi Cheng for 22,465,427 shares (3.71%). The issue is at a 19.7% discount to market. The Consultant would get 10.74% of Inno-Tech on completion of acquisition of a target identified by the Consultant.
Organisations
- Cheever Capital Management (Asia) Limited (BVI)
- Galaxy China Deep Value Fund
- Galaxy China Special Situations Fund SPC
- INNO-TECH HOLDINGS LIMITED 匯創控股有限公司
- Odysseus Capital Asia Limited 奧澌資本亞洲有限公司
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