Brief: Shen You Proposes To Implement Rights Issue
April 9 (Reuters) - Shen You Holdings Ltd 8377.HK :
* PROPOSES TO IMPLEMENT RIGHTS ISSUE ON BASIS OF 1 RIGHTS
SHARE
FOR EVERY 2 EXISTING SHARES AT SUBSCRIPTION PRICE OF HK$0.043
PER RIGHTS SHARE
* RIGHTS ISSUE TO RAISE ABOUT HK$17.2 MILLION BY ISSUING 400
MILLION RIGHTS SHARES
Source text for Eikon: ID:nHKS8lJJv1
Further company coverage: 8377.HK
((Reuters.Briefs@thomsonreuters.com;))