Brief: Shihua Development says proposes to raise about hk$251.2 mln and resumption of trading

China Sinostar

07/10/2015 15:30

Oct 7 (Reuters) - Shihua Development Co Ltd  0485.HK : 
 * Says board proposes to raise approximately hk$251.2 million before expenses 
 * Proposes to effect capital reorganisation comprising consolidation of every four shares of hk$0.10 each into one share of hk$0.40 
 * Application has been made for the resumption of trading in the shares with effect from 9:00 a.m. on 8 October 2015. 
 * Source text (http://bit.ly/1RtL8Dv) 
 
 
   ((For more news, please click here  0485.HK ))  
   ((Bengaluru Newsroom; +91 806749 1130))