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10 months ago
BRIEF-Eminence Enterprise raises capital to fund acquisitions
October 13, 2016 / 12:41 PM / 10 months ago

BRIEF-Eminence Enterprise raises capital to fund acquisitions

Oct 13 (Reuters) - Eminence Enterprise Ltd :

* Eminence proposes to raise not less than about HK$435.6 million and not more than about HK$598.5 million

* Estimated net proceeds from rights issue will be HK$432.1 million to HK$593.7 million

* Plans to use net proceeds of about 40% and 42% for acquisition of Matheson remaining unit and FW remaining units respectively Source text for Eikon: Further company coverage:

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