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China Renji Medical Group Ltd announces rights issue of shares

Sunday, 17 Aug 2014 06:16am EDT 

China Renji Medical Group Ltd:Proposes to raise about not less than about HK$91.4 mln and not more than about HK$114.8 mln, before expenses.Says rights issue of not less than 338,627,813 rights shares but not more than 425,289,113 rights shares t qualifying shareholders at subscription price of HK$0.27 per rights share on basis of one rights share for every tw0 shares held on the record date.Company plans to use net proceeds to FINANCE the Group’s future investments identified/to be identified and/or as general working capital. 

Company Quote

0.01 +5.26%
9:59pm EDT