BRIEF-China Zenith Chemical Proposes Rights Issue

Reuters
03 Mar

March 3 (Reuters) - China Zenith Chemical Group Ltd 0362.HK:

  • PROPOSES RIGHTS ISSUE ON BASIS OF 2 RIGHTS SHARES FOR EVERY 1 ADJUSTED SHARE AT SUBSCRIPTION PRICE OF HK$0.92 PER SHARE

  • PROPOSES EVERY 40 EXISTING SHARES WILL BE CONSOLIDATED INTO ONE SHARE

Further company coverage: 0362.HK

((Reuters.Briefs@thomsonreuters.com;))

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