Brief: Cherish Sunshine International Announces Proposed Increase In Authorised Share Capital

Cherish Sunshine International

18/10/2022 16:27

Oct 18 (Reuters) - Cherish Sunshine International Ltd
 1094.HK :
    * PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
    * PROPOSED RIGHTS ISSUE ON BASIS OF 5 RIGHTS SHARES FOR
EVERY 8
SHARES HELD
    * PROPOSES INCREASE IN AUTHORISED SHARE CAPITAL FROM HK$50
MILLION
TO HK$500 MILLION
    * RIGHTS ISSUE TO RAISE ABOUT HK$119.6 MILLION BEFORE
EXPENSES
    * RIGHTS SHARE TO RAISE APPROXIMATELY HK$126.9 MILLION
BEFORE
EXPENSES BY ISSUING 201.4 MILLION RIGHTS SHARES

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