Brief: CHK Oil Proposes To Raise Gross Proceeds Of About Hk$45.9 Mln From Rights Issue

CHK Oil

19/10/2020 15:59

Oct 19 (Reuters) - CHK Oil Ltd  0632.HK :
    * PROPOSES TO RAISE GROSS PROCEEDS OF ABOUT HK$45.9 MILLION
    * NET PROCEEDS FROM RIGHTS ISSUE HK$44.5 MILLION
    * RIGHTS ISSUE OF 229.6 MILLION RIGHTS SHARES AT
HK$0.20/SHARE ON
BASIS OF 3 RIGHTS SHARES FOR EVERY 8 EXISTING SHARES

Source text for Eikon:  ID:nHKS3VxlXS 
Further company coverage:  0632.HK 

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