Brief: New Ray Medicine International Holding announces rights issue

New Ray Medicine International Holding

09/12/2016 14:29

Dec 9 (Reuters) -    New Ray Medicine International Holding 
Ltd  6108.HK : 
    * Co proposes, to raise hk$343.6 million by issuing 1.25 
billion rights shares at subscription price of hk$0.275 per 
rights 
    * Estimated net proceeds of rights issue will be 
approximately hk$330 million 
    * Share on basis of three  rights shares for every one share 
in issue held by qualifying shareholders on record date 
    * Company and nuada limited entered into underwriting 
agreement 
 
 
     
     
     
    Source text for Eikon:  ID:nHKS3JRFyl  
    Further company coverage:  6108.HK  
 
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