BRIEF-Regent Pacific Group enters into placing and subscription agreement
March 29 Regent Pacific Group Ltd:
* Company and placing agent entered into placing and subscription agreement
* Maximum net proceeds from subscription will be approximately hk$38.48 million
* Placees to purchase up to 100 million placing shares at placing price of hk$0.405 per placing share
* Net proceeds will be used to fund new drug application process with fda, and continued commercial manufacturing scale up of fortacintm Source text (bit.ly/2nvE2q8) Further company coverage: