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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Wright Reports

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Guotai JunAn International Holdings Ltd proposes rights issue

Monday, 18 Aug 2014 10:58am EDT 

Guotai JunAn International Holdings Ltd:Proposes to raise not less than about HK$2,005,308,000 but not more than about HK$2,038,910,000 before expenses.By way of a rights issue of not less than 378,360,000 Rights Shares but not more than 384,700,000 Rights Shares to qualifying shareholders on the basis of one rights share for every five existing shares held on record date at price of HK$5.30 per rights share.Estimated net proceeds of rights Issue will be not less than about HK$2,003.8 million but not more than about HK$2,037.4 million after deduction of all estimated expenses.Intends to apply the net proceeds from rights issue for further development of the Group’s loans and financing business and other general corporate purpose. 

Company Quote

-0.24 -2.13%
24 Apr 2015