Brief: Lai Sun Development To Issue 67.7 Million New Shares For Net Proceeds Hk$470.0 Million
Lai Sun Development Co Ltd 0488.HK :
* LAI SUN DEVELOPMENT TO ISSUE 67.7 MILLION NEW SHARES FOR
NET
PROCEEDS HK$470.0 MILLION
* LAI SUN DEVELOPMENT - INTENDS TO APPLY NET PROCEEDS FROM
SUBSCRIPTION AS TO ABOUT HK$200 MILLION FOR REPAYMENT OF CERTAIN
BANK BORROWINGS
Source text for Eikon: ID:
Further company coverage: 0488.HK
Recent news on Lai Sun Development
See all newsBrief: Lai Sun Development Co Says Public Float At 19.60%, Below 25% Requirement
Brief: Lai Sun Development Reports Public Float At 19.60% As Of Sept 3, Below Required 25%
Brief: Lai Sun Development Says Public Float At 19.60% As At Aug 5
Brief: Lai Sun Development Co Says Guarantor Receives Votes In Favour Of Proposed Amendments, Waivers
Brief: Lai Sun Development Announces Exchange Offer & Consent Solicitation In Respect Of 5% Guaranteed Notes Due 2026