1.   The rest of the needed capital will be raised either from a share placement or the sale of debt.

2.   To fund the acquisition, St.George will make a convertible preference share issue, a private share placement and will issue fresh subordinated debt.

3.   Poon said his company has sufficient bank facilities to complete the deal as proposed without the use of share placement.

4.   Patrick said it will raise the money required to finance the deal through a share placement.

5.   Credit Suisse-First Boston will advise the government on share placement.

6.   He said the share placement would probably be completed in one month after conditions have been met.

7.   However, Mr Lee did not rule out the possibility of proceeding with a new share placement in the future.

8.   In Hong Kong, shares rose slightly, led by banking giant HSBC Holdings, whose recent share placement boosted market confidence.

9.   Spinetta, who replaced Blanc, has also consistently favored a share placement as Air France tries to position itself to form a large airline alliance.

10.   The agent for the share placement is ASG Brokerage, while ASG Capital will be the underwriter.