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BRIEF-Z-Obee Holdings proposes open offer
September 22, 2017 / 11:22 AM / a month ago

BRIEF-Z-Obee Holdings proposes open offer

Sept 22 (Reuters) - Z-Obee Holdings Ltd

* Subject to capital reorganisation becoming effective, co will conduct open offer on basis of 2 offer shares for every 5 consolidated shares held

* Gross proceeds raised via issuance of offer shares will be about US$2.44 million

* Total of 15.3 million offer shares will be allotted and issued by company at offer price of US$0.16 per offer share Source text for Eikon: Further company coverage:

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