May 17, 2017 / 2:22 PM / in 2 months

BRIEF-ABC Multiactive updates on rights issue of 60.2 million shares

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May 17 (Reuters) - ABC Multiactive Ltd

* Rights issue of 60.2 million shares at HK$0.20per share on basis of 1 share for every 4 shares

* Rights issue is being conducted to raise funds for company for repayment of two loans which will be due on 30 June 2017

* Net proceeds of rights issue after deducting expenses are approximately HK$11.26 million Source text for Eikon: Further company coverage:

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