Brief: Xinyi Electric Storage Says Co Proposes To Implement Rights Issue On A Non-Underwritten Basis
04/08/2022 16:23
Aug 4 (Reuters) - Xinyi Electric Storage 8328.HK :
* CO PROPOSES TO IMPLEMENT RIGHTS ISSUE ON A
NON-UNDERWRITTEN
BASIS OF ONE RIGHTS SHARE FOR EVERY TEN EXISTING SHARES
* PROPOSED RIGHTS ISSUE AT SUBSCRIPTION PRICE OF HK$5.52 PER
RIGHTS SHARE
* RIGHTS ISSUE BY ISSUING UP TO 71.4 MILLION RIGHTS SHARES
Further company coverage: 8328.HK
((Reuters.Briefs@thomsonreuters.com;))
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