Brief: Tibet Water Resources Announces Proposed Rights Issue

5100 Xizang Glacier

02/12/2022 13:48

Dec 2 (Reuters) - Tibet Water Resources Ltd  1115.HK :
    * BOARD PROPOSES TO RAISE GROSS PROCEEDS OF UP TO HK$392.62
MLN BY
WAY OF A RIGHTS ISSUE
    * PROPOSED RIGHTS ISSUE ON BASIS 1 RIGHTS SHARE FOR EVERY 3
EXISTING SHARES
    * TO RAISE UP TO 1.02 BILLION RIGHTS SHARES AT PRICE OF
HK$0.385
PER SHARE

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