Brief: OCI International Holdings Says To Allot & Issue 440 Mln Subscription Shares

OCI International Holdings

13/08/2020 16:10

Aug 13 (Reuters) - OCI International Holdings Ltd  0329.HK :
    * TO ALLOT AND ISSUE 440 MILLION SUBSCRIPTION SHARES AT
HK$0.65
PER SHARE
    * NET PROCEEDS FROM ISSUE ESTIMATED TO BE ABOUT HK$285
MILLION
    * INTENDS TO DEPLOY NET PROCEEDS FOR, AMONG OTHERS,
REPAYMENT OF
LOANS WHICH MAY MATURE IN NEXT 6 MONTHS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5H0mTm
Further company coverage:  0329.HK 

 ((Reuters.Briefs@thomsonreuters.com;))