Brief: VS International announces conditional rights issue

VS International

19/07/2017 13:46

July 19 (Reuters) - VS International Group Ltd  1002.HK : 
    * Intends to raise not less than about HK$105.8 million, 
before expenses, by issuing not less than 459.9 million rights 
shares 
    * Board plans to apply rights issue proceeds to group's 
operations in Zhuhai 
    * Estimated net proceeds of rights issue will be not less 
than approximately HK$102.8 million 
    * Plans to raise about HK$114.5 million, by issuing not more 
than 497.9 million rights shares at subscription price of 
HK$0.230 per share 
 
Source text for Eikon:  ID:nHKS2d0p7l  
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