Brief: Contel Technology To Issue 271.23 Million New Shares At HK$0.365 Per Share
BRIEF-Contel Technology To Issue 271.23 Million New Shares At HK$0.365 Per Share June 8 (Reuters) - Contel Technology Co Ltd 1912.HK:
CO TO ISSUE 271.23 MILLION NEW SHARES AT HK$0.365 PER SHARE
SUBSCRIPTION TO RAISE GROSS HK$99 MILLION, NET HK$98.7 MILLION
PLACING TO RAISE GROSS HK$21.2 MILLION, NET HK$21 MILLION
POSSIBLE UNCONDITIONAL MANDATORY CASH OFFER FOR ALL ISSUED SHARES OF CONTEL
OFFER PRICE OF HK$0.365 PER OFFER SHARE
Further company coverage: 1912.HK
((Reuters.Briefs@thomsonreuters.com;))
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