Brief: Southwest Securities International Securities Proposes To Raise About Hk$159.9 Mln

Southwest Securities International Securities

20/02/2019 14:51

Feb 20 (Reuters) - Southwest Securities International
Securities Ltd  0812.HK :
    * PROPOSES TO RAISE ABOUT HK$159.9 MILLION BY ISSUING 1.22
BILLION
RIGHTS SHARES AT HK$0.131 PER SHARE
    * RIGHTS SHARES WILL BE ALLOTTED ON BASIS OF 1 RIGHTS SHARE
FOR
EVERY 2 SHARES
    * ESTIMATED NET PROCEEDS OF RIGHTS ISSUE WILL BE ABOUT
HK$158.1
MILLION
    * INTENDS TO USE NET PROCEEDS TO DEVELOP CORPORATE FINANCE &
S
ASSETS MANAGEMENT BUSINESSES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2gMhZ4
Further company coverage:  0812.HK 

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