[ET Net News Agency, 24 July 2017] Digital China Holdings (00861) said it proposes to
raise about HK$1.34 billion to HK$1.45 billion through a rights issue on the basis of 1
rights share for every 4 shares held at HK$4 per rights share.
The subscription price represents a discount of about 29.6% to the closing price of
HK$5.68.
The estimated net proceeds of about HK$1.335 billion to HK$1.448 billion will be used
for financing an investment in an entity in China relating to the development and
application of big data analysis in the healthcare industry or any other potential
investments and acquisition as and when any suitable opportunity is identified; repayment
of debt and interest expenses; and general working capital for the Group. (HL)
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00861 DC HOLDINGS
Nominal 
2.830 -0.490 (-14.759%) Others
24/07/2017 09:41
DC Holdings to raise up to HK$1.45bn from rights issue
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