Brief: Enterprise Development proposes rights issue

Enterprise Development Holdings

12/08/2016 15:42

Aug 12 (Reuters) - Enterprise Development Holdings Ltd  1808.HK : 
 * ...more (1) proposed rights issue on the basis of three rights shares for 
   every one share held on the record date at hk$0.165 per rights share; (2) 
   appointment of independent financial adviser; and (3) closure of register of 
   members <1808.h 
 * Deal for subscription price of hk$0.165 per rights share 
 * Net proceeds from the rights issue are estimated to be approximately hk$199 
   million 
 * Says proposes to raise approximately hk$206.9 million 
 
 * Source text for Eikon  ID:nHKS9BPvK2  
 
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