Brief: Wisdom Wealth Resources Investment Announces Proposed Rights Share Issue
Jan 10 (Reuters) - Wisdom Wealth Resources Investment
Holding Group Ltd 0007.HK :
* PROPOSES TO IMPLEMENT RIGHTS ISSUE ON BASIS OF 1 RIGHTS
SHARE
FOR EVERY 2 SHARES HELD
* PROPOSED RIGHTS ISSUE FOR HK$0.1 PER SHARE
* ESTIMATED NET PROCEEDS OF RIGHTS ISSUE WILL BE UP TO ABOUT
HK$198.5 MILLION
* INTENDS TO UTILIZE ENTIRE NET PROCEEDS FROM RIGHTS ISSUE
FOR
REPAYMENT OF LOANS
Source text for Eikon: ID:nHKScbNX7F
Further company coverage: 0007.HK
((Reuters.Briefs@thomsonreuters.com;))
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