Brief: China Wah Yan Healthcare says New Ray Medicine to raise HK$330 mln by rights issue

SoftMedx Healthcare

22/02/2017 14:45

Feb 22 (Reuters) - China Wah Yan Healthcare Ltd  0648.HK  
    * New Ray Medicine proposes to raise fund by way of rights 
issue of 3 New Ray Medicine rights shares for every 1 share of 
New Ray Medicine 
    * Net proceeds from New Ray Medicine rights issue is 
estimated to be approximately HK$330 million 
    * Rights issue for subscription price of HK$0.275 per New 
Ray Medicine rights share 
 
Source text for Eikon:  ID:nHKSbcvGG0  
Further company coverage:  0648.HK  
 
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