Brief: Greatwalle Proposes To Raise Up To HK$41.5 Million Via Rights Issue

Century Plaza Hotel

20/02/2019 15:00

Feb 20 (Reuters) - Greatwalle Inc  8315.HK :
    * TO RAISE UP TO ABOUT HK$41.5 MILLION BEFORE EXPENSES VIA
RIGHTS
ISSUE OF 414.6 MILLION RIGHTS SHARES AT SUBSCRIPTION PRICE OF
HK$0.10 EACH
    * ESTIMATED NET PROCEEDS OF RIGHTS ISSUE, IF FULLY
SUBSCRIBED,
WILL BE UP TO ABOUT HK$40.5 MILLION
    * INTENDS TO USE NET PROCEEDS TO DEVELOP PROVISION OF
BUSINESS
ADVISORY AND MANAGEMENT SERVICES OF GROUP, AMONG OTHERS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4416BF
Further company coverage:  8315.HK 

 (Reuters.Briefs@thomsonreuters.com)