The Group has placed of 200,000,000 shares of DCIHL to third party.
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Pursuant to the Placing Agreement signed on 11 January 2017 between the Vendor (Deson Development Holdings Limited, one of the wholly-owned subsidiary of the Company) and the Placing Agent, in relation to placing up to 200,000,000 shares of DCIHL to independent placees. Placing was completed on 31 March 2017 and the Company holds 311,769,868 shares DCIHL shares which represent 31.18% of the issued capital of DCIHL. DCIHL ceased to be the subsidiary of the Company after the Placing.
