Hkc International Holdings LimitedHKEX: 248

HKC International Proposes Share Consolidation

· Issued by Hkc International Holdings Limited

HKC International Holdings Ltd HKEX:248:

  • TO CONSOLIDATE EVERY 8 EXISTING SHARES OF HK$0.01 EACH INTO 1 CONSOLIDATED SHARE OF HK$0.08 EACH

  • RIGHTS ISSUE ON BASIS OF 1 SHARE FOR EVERY 2 CONSOLIDATED SHARES AT SUBSCRIPTION PRICE OF HK$0.28 PER RIGHTS SHARE

  • TO RAISE UP TO HK$21.8 MILLION UNDER RIGHTS ISSUE