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Tianrui Automotive Interiors (06162.HK) Placing at 17.37% Discount to Raise HKD55.2M
Tianrui Automotive Interiors (06162.HK) announced a placing of up to 400 million new shares, representing 16.67% of the enlarged share capital. The placing price is HKD0.138, repre...
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Tianrui Automotive Interiors (06162.HK) Placing at 17.37% Discount to Raise HKD55.2M
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Tianrui Automotive Interiors (06162.HK)  -0.005 (-1.538%)   announced a placing of up to 400 million new shares, representing 16.67% of the enlarged share capital. The placing price is HKD0.138, representing a discount of 17.37% to the closing price on the previous trading day (17th). Gross proceeds are expected to be HKD55.2 million, with net proceeds of HKD54.9 million. The company intends to use the funds to fulfill future loan repayment obligations and to supplement general working capital. (de/d)(HK stocks quote is delayed for at least 15 mins.)

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