Brief: Lai Sun Garment International Says Proposed Rights Issue On Basis Of One Rights Share For Every Two Existing Shares Held On Record Date
10/11/2022 15:03
Nov 10 (Reuters) - Lai Sun Garment International Ltd
0191.HK :
* PROPOSED RIGHTS ISSUE ON BASIS OF ONE RIGHTS SHARE FOR
EVERY TWO
EXISTING SHARES HELD ON RECORD DATE
* SUBSCRIPTION PRICE OF HK$1.58 PER RIGHTS SHARE
* CO INTENDS TO APPLY NET PROCEEDS FROM RIGHTS ISSUE FOR
REPAYMENT
OF OUTSTANDING BANKING FACILITIES OF GROUP
Further company coverage: 0191.HK
((Reuters.Briefs@thomsonreuters.com;))
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