Celestial Asia Securities reduces 35 mln Pricerite shares

Celestial Asia Securites Holdings (1049) announced that it placed 35 mln Pricerite Group (0996) old shares, accounting for 5.57% of the issued shares, at HK$0.4 each, which made the public shareholding of Pricerite return to 25%. Celestial Asia Securites secured HK$14mln in cash through the placement.

Its shareholding in Pricerite was reduced from 79.64% to 74.07% while the pubic shareholding was lifted to 25.93%.

Related stock : (1049;996)