Brief: Courage Investment Group Proposes To Put Forward Capital Reorganisation Proposal
27/07/2020 02:55
July 27 (Reuters) - Courage Investment Group Ltd 1145.HK :
* PROPOSES TO PUT FORWARD TO SHAREHOLDERS CAPITAL
REORGANISATION
PROPOSAL
* PROPOSAL INCLUDES REDUCTION OF ISSUED SHARE CAPITAL
WHEREBY PAR
VALUE OF EACH ISSUED SHARE TO BE REDUCED FROM US$0.06 TO
US$0.001
* CONDITIONAL UPON CAPITAL REORGANISATION PROPOSES TO RAISE
ABOUT
HK$71.35 MILLION VIA OPEN OFFER OF 548.9 MILLION SHARES
Source text for Eikon: ID:nHKS1q1kcn
Further company coverage: 1145.HK
((Reuters.Briefs@thomsonreuters.com;))
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