Reuters logo
7 months ago
BRIEF-Tack Fiori International proposes to implement rights issue
December 22, 2016 / 11:56 AM / 7 months ago

BRIEF-Tack Fiori International proposes to implement rights issue

1 Min Read

Dec 22 (Reuters) - Tack Fiori International Group Ltd

* Estimated net proceeds of rights issue will be approximately hk$290 million.

* Proposes to implement rights issue for every one share held at subscription price of hk$0.126 per rights share

* Intends to apply net proceeds from rights issue for repayment of outstanding debts for expansion of money lending business 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