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Wanda Commercial Properties (Group) Co., Limited proposes right issue


Sunday, 15 Dec 2013 06:51am EST 

Wanda Commercial Properties (Group) Co., Limited:Says it proposes to issue 856,773,210 rights shares at the subscription Price of HK$2.88 per rights share on the basis of three rights shares for every ten existing Shares in issue on the record date.Says the proposed rights issue is intended to raise funds of about HK$2,467.5 mln (before expenses).Says the net proceeds from the rights issue is intended to be invested in projects in the PRC and overseas when suitable opportunities become available and for the purposes of general working capital. 

Company Quote

1.35
-0.02 -1.46%
21 Nov 2014