China Baoli Eyes Raising Up to HK$202.5 Million From Rights Issue

MT NewswiresFeb 19 01:06 ET

CHINA BAOLI TEC (00164.HK) intends to conduct a "1 for 4" rights issue.

Gelonghui reported on February 18 that CHINA BAOLI TEC (00164.HK) announced that the company suggests issuing a maximum of (i) 428,763,076 shares in a rights issue (assuming no change in the number of shares issued on or before the record date and full subscription for the rights issue) or (ii) 506,363,852 shares in a rights issue (assuming no change in the number of shares issued on or before the record date, but excluding the full conversion of the convertible bonds issued by Zifeng and general authority convertible bonds, and excluding the full exercise of unexercised options and full subscription for the rights issue), to raise a total of up to 171,505,230.4.

Gelonghui FinanceFeb 18 09:55 ET

Express News | China Baoli Technologies - Proposed Rights Issue on Basis of 4 Rights Shares for Every 1 Existing Share

ReutersFeb 18 09:52 ET

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