Brief: Guming Holdings Proposes Offering Of HK$1,960 Million Zero Coupon Guaranteed Convertible Bonds
BRIEF-Guming Holdings Proposes Offering Of HK$1,960 Million Zero Coupon Guaranteed Convertible Bonds June 24 (Reuters) - Guming Holdings Ltd 1364.HK:
PROPOSED OFFERING OF HK$1,960 MILLION ZERO COUPON GUARANTEED CONVERTIBLE BONDS AND CONCURRENT SHARE REPURCHASE
PROPOSED OFFERING OF HK$1,960 MILLION ZERO COUPON GUARANTEED CONVERTIBLE BONDS AND CONCURRENT SHARE REPURCHASE
NET PROCEEDS FROM BONDS OFFERING EXPECTED AT HK$1962.5 MILLION
INITIAL CONVERSION PRICE IS HK$23.54
INTENDS TO USE NET PROCEEDS FROM BONDS OFFERING FOR PROCUREMENT OF RAW MATERIALS SUCH AS FRESH FRUIT, OTHERS
Further company coverage: 1364.HK
((Reuters.Briefs@thomsonreuters.com;))
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