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Larry Jewelry International Co Ltd announces open offer of not less than 1,047,518,325 and not more than 1,088,589,641 offer shares at an offer price of HK$0.12 per offer share


Sunday, 5 Jan 2014 11:01pm EST 

Larry Jewelry International Co Ltd:Proposes to raise not less than about HK$125.7 mln and not more than about HK$130.63 mln before expenses by issuing not less than 1,047,518,325 offer shares and not more than 1,088,589,641 offer shares.Says at the subscription price of HK$0.12 per offer share on the basis of seven offer shares for every ten existing Shares held on the record date and payable in full on application.Says qualifying shareholders are not entitled to apply for excess offer shares not taken up in excess of their respective entitlements under the open offer.Says the open offer is only available to the qualifying shareholders and will not be extended to the prohibited shareholders. 

Company Quote

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3:59am EDT