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BRIEF-Risecomm Proposes Share Consolidation For Every 5 Issued And Unissued Shares Into 1 Share

Reuters
06/17
BRIEF-Risecomm Proposes Share Consolidation For Every 5 Issued And Unissued Shares Into 1 Share

June 17 (Reuters) - Risecomm Group Holdings Ltd 1679.HK:

  • PROPOSES SHARE CONSOLIDATION FOR EVERY 5 ISSUED AND UNISSUED SHARES INTO 1 CONSOLIDATED SHARE

  • TO RAISE GROSS PROCEEDS OF UP TO HK$127.86 MILLION THROUGH RIGHTS ISSUE OF 255.7 MILLION RIGHTS SHARES

Further company coverage: 1679.HK

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

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