Brief: Kong Shum Union Property Management updates on proposed open offer

Kong Shum Smart Management (Holdings)

03/12/2015 14:52

Dec 3 (Reuters) - Kong Shum Union Property Management Holding Ltd  8181.HK : 
 * Proposes to raise not less than HK$178.3 million and not more than HK$185.5 million (before expenses) by way of open offer 
 * Open offer of not less than 1.49 billion offer shares and not more than 1.55 billion offer shares at HK$0.12 per share 
 * Intends to apply net proceeds from open offer for exploring opportunities in property development business 
 
 * Source text for Eikon  ID:nHKS2pzfps  
 
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