January 8, 2018 / 2:50 PM / 4 months ago

BRIEF-Sunwah Kingsway Capital Proposes Issuing 1.38 Bln Offer Shares At HK$0.103 Per Offer Share

Jan 8 (Reuters) - Sunwah Kingsway Capital Holdings Ltd :

* PROPOSES TO RAISE ABOUT HK$142.2 MILLION BEFORE EXPENSES BY ISSUING 1.38 BILLION OFFER SHARES AT HK$0.103 PER OFFER SHARE

* OPEN OFFER’S ESTIMATED NET PROCEEDS TO BE ABOUT HK$138.5 MILLION

* OFFER ON BASIS OF ONE OFFER SHARE FOR EVERY FOUR EXISTING SHARES HELD ON RECORD DATE Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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