BRIEF-Tsaker Chemical entered into placing agreement

April 28 (Reuters) - Tsaker Chemical Group Ltd:

* Joint placing agents agreed to procure subscription of up

to 21 million placing share at placing price of HK$5.15 per

placing share

* 50% of proceeds from placing to be used for construction

and operation of cathode materials for lithium ion

batteries-ironic phosphate project

Source text: [http://bit.ly/2pts0AA]

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