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BLACK SESAME Places Shrs at 13%+ Discount to SummitView, Netting HKD568M
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BLACK SESAME (02533.HK) announced the placement of 30.1319 million shares (around 4.49% of the enlarged share capital) to Shanghai Jixin Enterprise Management Limited Partnership, Shanghai Shuangchuang Jinhong Enterprise Management, and SpreadCom at a price of HKD18.88 per share, about a 13.24% discount to yesterday's (8th) closing price of HKD21.76.

The placement is expected to net around HKD568 million. Shanghai Jixin Enterprise Management Limited Partnership is held as to 35.29% by Shanghai SummitView IC M&A and 64.71% by Guangdong SummitView IC M&A.
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