BRIEF-O-Net Technologies enters placing and subscription agreement

April 21 (Reuters) - O-net Technologies Group Ltd

* Company, vendors and placing agents entered into placing

and subscription agreement

* Placing agent to place total of up to 90 mln placing

shares to not less than six placees at placing price of HK$5.25

per placing share

* Application has been made to stock exchange for resumption

of trading in shares with effect from 9:00 a.m. On 24 April 2017

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