BRIEF-HKC International Proposes Share Consolidation

Reuters

01/02

Jan 2 (Reuters) - HKC International Holdings Ltd 0248.HK:

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

Further company coverage: 0248.HK

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

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