Brief: Neway Group Holdings Proposes Rights Issue
10/01/2020 15:02
Jan 10 (Reuters) - Neway Group Holdings Ltd 0055.HK :
* ANNOUNCES PROPOSED RIGHTS ISSUE
* PROPOSED TO RAISE GROSS PROCEEDS OF ABOUT HK$101.46
MILLION ON
BASIS OF 2 RIGHTS SHARES FOR EVERY 1 SHARE HELD
* TO ISSUE 507.3 MILLION RIGHTS SHARES AT SUBSCRIPTION PRICE
OF
HK$0.20 PER SHARE
Source text for Eikon: ID:nHKS8PV8CN
Further company coverage: 0055.HK
((Reuters.Briefs@thomsonreuters.com;))
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