Brief: Contel Technology Announces Proposed Rights Issue On Basis Of 2 Rights Shares For Every 5 Existing Shares
14/11/2022 14:48
Nov 14 (Reuters) - Contel Technology Co Ltd 1912.HK :
* PROPOSED RIGHTS ISSUE ON BASIS OF 2 RIGHTS SHARES FOR
EVERY 5
EXISTING SHARES
* RIGHTS ISSUE AT HK$0.063 PER RIGHTS SHARE
* INTENDS TO USE NET PROCEEDS FROM RIGHTS ISSUE TO FINANCE
REVOLVING PURCHASE PAYMENT FOR ITS PURCHASES OF ICS, AMONG
OTHERS
Further company coverage: 1912.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Contel Technology
See all newsBrief: Contel Technology To Issue 271.23 Million New Shares At HK$0.365 Per Share
Brief: Contel Technology Announces Withdrawal Of Winding Up Petition Against Subsidiaries
Brief: Contel Technology Withdraws Stop Notice On Transfer Of Certain Shares
Brief: HKEX Says Trading In Shares Of Contel Technology Halted
Brief: Contel Technology Says Co Got Statutory Demand From Legal Advisers