Hong Kong, 7 August 2014: Leading Chinese mobile commerce company 99 Wuxian Limited
(ASX:NNW) (“99 Wuxian” or the “Company”) is pleased to announce that it has successfully completed an equity placement (“Placement”) of 45.45 million new fully paid Chess Depositary Interests (“CDIs”) at A$0.55 per CDI to raise A$25 million before costs.
The Placement was oversubscribed with strong interest from domestic and international institutions.
Investorlink Securities Ltd and Foster Stockbroking Pty Ltd acted as Joint Lead Managers to the Placement.
For further information please download PDF attached:
