China New Economy Fund Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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China New Economy Fund Ltd announces rights issue on basis of one rights share for every two shares held on record date
China New Economy Fund Ltd:Proposes to raise about HK$42.4 mln, before expenses, by way of rights issue of 151,500,000 rights shares to qualifying shareholders at subscription price of HK$0.28 per rights share on basis of one rights share for every two shares held on record date.Plans to use net proceeds from rights issue for investment in line with its ordinary course of business.
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