January 10, 2018 / 2:44 PM / in 5 months

BRIEF-New Sports Group Says To Issue Up To 1.63 Bln New Shares

Jan 10 (Reuters) - New Sports Group Ltd:

* CO TO ISSUE UP TO 1.63 BILLION NEW SHARES AT PLACING PRICE OF HK$0.50 PER PLACING SHARE

* ‍PROPOSES TO INCREASE AUTHORISED SHARE CAPITAL FROM HK$200 MILLION DIVIDED INTO 4 BILLION SHARES TO HK$400 MILLION DIVIDED INTO 8 BILLION SHARES

* ‍NET PROCEEDS FROM PLACING & SUBSCRIPTION ARE ESTIMATED TO BE ABOUT HK$1.02 BILLION Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below