Brief: Guan Chao Proposes Rights Issue
12/07/2024 16:09
July 12 (Reuters) - Guan Chao Holdings Ltd 1872.HK :
* TO RAISE GROSS PROCEEDS OF UP TO HK$172.8 MILLION BEFORE
EXPENSES BY WAY OF RIGHTS ISSUE OF 432 MILLION RIGHTS SHARES AT
HK$0.40 PER SHARE
* RIGHTS ISSUE ON BASIS OF 4 RIGHTS SHARES FOR EVERY 1 SHARE
HELD
Further company coverage: 1872.HK
((Reuters.Briefs@thomsonreuters.com;))
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