Brief: Kaisun Energy Group entered into underwriting agreement to implement rights issue

Kaisun Holdings

01/12/2016 13:04

Dec 1 (Reuters) - Kaisun Energy Group Ltd  8203.HK  
    * Company and underwriters entered into underwriting 
agreement to implement rights issue 
    * Kaisun energy - co proposes to raise about hk$90.44 
million before expenses by issuing 1.88 billion rights shares at 
subscription price of hk$0.048 per rights share 
    * Estimated net proceeds from rights issue of approximately 
hk$86.29 million 
 
Source text for Eikon:  ID:nHKScgfHKh  
Further company coverage:  8203.HK  
 
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