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Zhu Di Holdings (01413.HK) to Raise HKD35.1 million via Rights Issue at 28.67% Discount
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Zhu Di Holdings (01413.HK) announced a proposed one-for-two rights issue to issue up to 164 million shares at a subscription price of HKD0.214 per share, representing a 28.67% discount to the closing price on today (14th). The gross proceeds are expected to be HKD35.1 million, with net proceeds of approximately HKD33.52 million. The net proceeds will be used to finance the renovation project of the Yi'ao Hotel building under the Shengguoyuan Commercial Centre located in Jimei District, Xiamen City. (de/d)

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