Brief: Detai New Energy Group Proposes Rights Issue

DeTai New Energy

03/01/2018 14:13

Jan 3 (Reuters) - Detai New Energy Group Ltd  0559.HK : 
    * PROPOSED RIGHTS ISSUE ON BASIS OF TWO RIGHTS SHARES FOR 
EVERY 
ONE EXISTING SHARE 
    * PROPOSES TO RAISE NOT LESS THAN HK$544.1 MILLION AND NOT 
MORE 
THAN HK$697.7 MILLION, BEFORE EXPENSES, BY WAY OF RIGHTS ISSUE 
    * PROPOSES TO ISSUE AT A SUBSCRIPTION PRICE OF HK$0.052 PER 
RIGHTS SHARE 
 
Source text for Eikon:  ID:nHKS80JJTR  
Further company coverage:  0559.HK  
 
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