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BRIEF-Zhuguang Holdings proposes to implement rights issue on basis of 1 rights share for every 3 shares held
October 17, 2016 / 3:06 PM / in a year

BRIEF-Zhuguang Holdings proposes to implement rights issue on basis of 1 rights share for every 3 shares held

Oct 17 (Reuters) - Zhuguang Holdings Group Co Ltd

* Estimated net proceeds from rights issue will be not less than approximately HK$1,249 million

* Board proposes to implement rights issue on basis of one (1) rights share for every three (3) shares held

* Rights issue to raise not less than approximately HK$1.29 billion before expenses

* Company and Raffaello Securities (Hk) Limited entered into underwriting agreement Source text for Eikon: Further company coverage:

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