Brief: Newtree Group proposes to raise net proceeds of about hk$219.7 by open offer
May 17 (Reuters) - Newtree Group Holdings Ltd 1323.HK : * Company proposes to raise gross proceeds of approximately hk$230.5 million by way of the open offer * Estimated net proceeds from the open offer will be approximately hk$219.7 million * Source text for Eikon urn:newsml:reuters.com:*:nHKS6N8j92 ((For more news, please click here 1323.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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