Brief: Sunway International Says To Issue 149.1 Mln Shares To Wealthy Port Holdings

Sunway International Holdings

08/01/2020 14:13

Jan 8 (Reuters) - Sunway International Holdings Ltd
 0058.HK :
    * ON NOV 29, 2019, CO AGREED TO ISSUE 149.1 MILLION SHARES
AT
HK$0.100 PER SUBSCRIPTION SHARE TO WEALTHY PORT HOLDINGS
    * AGGREGATE NET PROCEEDS OF SUBSCRIPTION TO BE ABOUT HK$13.9
MILLION
    * AS AT JAN 8, WEALTHY PORT HOLDINGS HOLDS ABOUT 29.30% OF
ENTIRE
ISSUED SHARE CAPITAL OF CO
    * AFTER COMPLETION OF SUBSCRIPTION, WEALTHY PORT HOLDINGS
AND
PARTIES ACTING IN CONCERT WITH IT WILL HOLD 41.54% OF CO
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
CO'S SHARES FROM JAN 9

Source text for Eikon:  ID:nHKS9kV49Y 
Further company coverage:  0058.HK 

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