Dec 4 (Reuters) - Superloop Ltd SLC.AX :
* to fund expansion, company has completed a placement of 22 mln fully paid ordinary shares
* says total investment to establish the network is expected to be approximately au$45m
* "company is also announcing an expansion of its project red lion investment in singapore"
* entered into a legally binding agreement with leading corporation to establish a fibre optic telecommunications network in hk
* to fund hk expansion, co completed a placement of 22 mln fully paid ordinary shares to raise Au$ 41.9 million
* Source text for Eikon ID:nASX5W5Jbl