Brief: Future World Holdings Says Board Proposes To Implement Share Consolidation
Dec 15 (Reuters) - Future World Holdings Ltd 0572.HK :
* BOARD PROPOSES TO IMPLEMENT SHARE CONSOLIDATION ON BASIS
THAT
EVERY 20 EXISTING SHARES BE CONSOLIDATED INTO 1 SHARE
* PROPOSED TO CONDUCT RIGHTS ISSUE TO RAISE GROSS PROCEED OF
UP TO
ABOUT HK$73.8 MILLION AT HK$0.9 EACH
Further company coverage: 0572.HK
((Reuters.Briefs@thomsonreuters.com;))
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