Brief: PPS International proposes to raise funds by way of rights issue

PPS International (Holdings)

21/12/2016 14:05

Dec 21 (Reuters) - Pps International Holdings Ltd  8201.HK  
    * Issue, on basis of one (1) rights share for every two (2) 
existing shares held by qualifying shareholders on record date. 
    * Subscription price of hk$0.054 per rights share 
    * Company proposes to raise funds by way of rights issue 
    * Company will receive gross proceeds of not less than 
hk$48.6 million 
 
Source text for Eikon:  ID:nHKS4922Hk  
Further company coverage:  8201.HK  
 
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