99 Wuxian Ltd Stock Market Press Releases and Company Profile

View in Other Languages 99无限(ASX:NNW)私募筹资902万澳元 99 Wuxian Ltd (ASX:NNW) A$9.02 million Private Placement 99 Wuxian Ltd(ASX:NNW)私募籌資902萬澳元 
A$9.02 million Private Placement
A$9.02 million Private Placement

Hong Kong, Feb 4, 2016 AEST (ABN Newswire) - Further to the announcement made on 16 December 2015 regarding the acquisition of Jiangsu Ofpay E-commerce Limited ("Ofpay"), 99 Wuxian Limited (ASX:NNW) ("99 Wuxian" or "the Company") today announces that a placement of 89,658,618 CHESS Depositary Interests (CDIs) was issued to sophisticated investors at an issue price of A$0.10 per CDI to raise a total of A$9.02 million (being the total of RMB40 million plus AUD350,000).

The placement was conducted in accordance with the Company's placement capacity under ASX Listing Rule 7.1 .

About 99 Wuxian Ltd

99 Wuxian Ltd (ASX:NNW)99 Wuxian Ltd  (ASX:NNW) aggregates over 300 million high quality consumers and 155 leading merchants through a marketplace embedded within the mobile apps of China's leading banks, telecommunications and insurance companies. 99 Wuxian enables increased customer satisfaction, loyalty and retention for its business partners by offering consumers the lifestyle convenience of purchasing virtual and physical goods on a mobile device.



99 Wuxian Limited
Mr Ross Benson
T: +61-418-254-548

Fowlstone Communications
Mr Geoff Fowlstone
T: +61-413-746-949

Related Companies

99 Wuxian Ltd    

ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 6) (Last 30 Days: 30) (Since Published: 6700) 

View in Other Languages 10027 6700 5674  (22401)