Brief: Tack Fiori International proposes to implement rights issue

King International Investment

22/12/2016 11:49

Dec 22 (Reuters) - Tack Fiori International Group Ltd 
 0928.HK  
    * 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:  ID:nHKS6vYKyR  
Further company coverage:  0928.HK  
 
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