March 4 (Reuters) - BYD CO 1211.HK:
PLACING OF NEW H SHARES UNDER GENERAL MANDATE
AGGREGATE GROSS PROCEEDS FROM PLACING ARE EXPECTED TO BE APPROXIMATELY HK$43,509 MILLION
AGGREGATE NET PROCEEDS FROM PLACING ARE EXPECTED TO BE APPROXIMATELY HK$43,383 MILLION
PLACING PRICE OF HK$335.2 PER PLACING SHARE
NET PROCEEDS FROM PLACING TO BE USED TO INVEST IN RESEARCH AND DEVELOPMENT, EXPAND OVERSEAS BUSINESSES, OTHERS
Further company coverage: 1211.HK
((Reuters.Briefs@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.