Brief: China New Economy Fund Proposes To Raise About HK$48.7 Mln By Rights Issue
Jan 23 (Reuters) - China New Economy Fund Ltd 0080.HK :
* PROPOSES TO RAISE APPROXIMATELY HK$48.7 MILLION, BEFORE
EXPENSES, BY RIGHTS ISSUE AT PRICE OF HK$0.50 PER RIGHTS SHARE
* NET PROCEEDS FROM RIGHTS ISSUE WILL BE ABOUT HK$47.1
MILLION
Source text for Eikon: ID:nHKS51ypSD
Further company coverage: 0080.HK
((Bangalore.newsroom@thomsonreuters.com;))