Brief: Guoen Holdings Proposes To Implement Share Consolidation
Feb 21 (Reuters) - Guoen Holdings Ltd 8121.HK :
* PROPOSES TO IMPLEMENT SHARE CONSOLIDATION
* CONSOLIDATION ON BASIS EVERY 20 EXISTING SHARES WITH PAR
VALUE
OF HK$0.10 EACH CONSOLIDATED INTO 1 SHARE WITH PAR VALUE OF
HK$2.00 EACH
* PROPOSES TO RAISE UP TO HK$17.3 MILLION BEFORE EXPENSES
THROUGH
RIGHTS ISSUE
* RIGHTS ISSUE AT SUBSCRIPTION PRICE OF HK$1.04 PER RIGHTS
SHARE
Further company coverage: 8121.HK
((Reuters.Briefs@thomsonreuters.com;;))
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