Brief: Summit Ascent Says Proposed To Raise Not Less Than Hk$1,623.40 Mln

Summit Ascent Holdings

02/06/2020 01:29

June 2 (Reuters) - Summit Ascent Holdings Ltd  0102.HK :
    * PROPOSED TO RAISE NOT LESS THAN HK$1,623.40 MILLION AND
NOT MORE
THAN HK$1,641.86 MILLION BY RIGHTS ISSUE
    * RIGHTS ISSUE ON BASIS OF 3 RIGHTS SHARES FOR EVERY 2
SHARES HELD
AT SUBSCRIPTION PRICE OF HK$0.6 PER RIGHTS SHARE

Source text for Eikon:  ID:nHKSM9VYj 
Further company coverage:  0102.HK 

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