Brief: Eminence Enterprise Proposes Rights Issue And Share Consolidation

Asset Chain

06/11/2019 15:20

Nov 6 (Reuters) - Eminence Enterprise Ltd  0616.HK :
    * PROPOSES TO RAISE HK$359.9 MILLION BY WAY OF ISSUE OF NOT
LESS
THAN 745.2 MILLION AND NOT MORE THAN 879.8 MILLION RIGHTS SHARES
    * PROPOSED RIGHTS ISSUE AT SUBSCRIPTION PRICE OF HK$0.483
PER
RIGHTS SHARE
    * PROPOSES TO CONSOLIDATE EVERY 20 ISSUED & UNISSUED EE
SHARES OF
HK$0.01 EACH INTO 1 ISSUED CONSOLIDATED SHARE OF HK$0.20
    * MADE APPLICATION TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
EE SHARES FROM 9:00 A.M. ON 7 NOV

Source text for Eikon:  ID:nHKS4SnYHM 
Further company coverage:  0616.HK 

 ((Reuters.Briefs@thomsonreuters.com;))