Shareholders of China Wood International (HKG:1822) will meet Feb. 18 to vote on a proposed one-for-one rights issue to raise gross proceeds of around HK$45.6 million, a Tuesday bourse filing said.
The materials trader plans to issue 411,219,340 rights shares to qualifying shareholders at HK$0.111 apiece.
Price (HKD): $0.35, Change: $+0.020, Percent Change: +6.06%
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