"The Board is pleased to announce that all conditions of the Placing have been fulfilled and the
completion of the placing of the Convertible Bonds in the principal amount of HK$50,000,000 took
place on 17 October 2014."
and
"the Directors intend to apply the net proceeds from the issue of Convertible Bonds for financing the
expansion of natural gas business of the Company and as general working capital of the Group."
TNP Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
