Brief: Zhuguang Holdings proposes to implement rights issue on basis of 1 rights share for every 3 shares held
17/10/2016 15:56
Oct 17 (Reuters) - Zhuguang Holdings Group Co Ltd 1176.HK
* Estimated net proceeds from rights issue will be not less
than approximately HK$1,249 million
* Board proposes to implement rights issue on basis of one
(1) rights share for every three (3) shares held
* Rights issue to raise not less than approximately HK$1.29
billion before expenses
* Company and Raffaello Securities (Hk) Limited entered into
underwriting agreement
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Further company coverage: 1176.HK
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