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Report Title Price
Provider: Reuters Investment Profile
$20.00

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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


Tuesday, 12 Aug 2014 07:14am EDT 

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. 

Company Quote

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19 Dec 2014