Macau Legend Development Completes Rights Issue Raising HK$86.4 Million

Reuters
Feb 05
<a href="https://laohu8.com/S/01680">Macau Legend</a> Development Completes Rights Issue Raising HK$86.4 Million

Macau Legend Development Ltd. has announced the completion of a rights issue, offering one rights share for every two existing shares held by qualifying shareholders at a subscription price of HK$0.3 per rights share. The company has recognized net proceeds of approximately HK$86.4 million from the rights issue. The funds raised will be used for payment of existing trade and other payables, property tax payables, interest payments, and general operating expenses.

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