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103 — Shougang Century Holdings News Story

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Brief: Shougang Century Announces Possible Rights Issue At A Premium

June 17 (Reuters) - Shougang Century Holdings Ltd
 0103.HK :
    * POSSIBLE RIGHTS ISSUE AT A PREMIUM
    * APPROVED CONDITIONAL PLAN OF COMPANY FOR A POSSIBLE RIGHTS
ISSUE
AT A PREMIUM
    * RIGHTS ISSUE IS EXPECTED TO BE ON A NON-UNDERWRITTEN BASIS
    * SUBSCRIPTION PRICE EXPECTED TO REPRESENT PREMIUM OVER
CLOSING
PRICE OF HK$0.255 FOR CO'S SHARES AS OF 14 JUNE

Further company coverage:  0103.HK 

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

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