Henderson Land Development Company Limited (00442.HK) plans a 2-for-1 rights issue.
China Money APP News, Buxton Holdings (00442.HK) announced that the company plans to issue 1 share for every 2 existing shares held by eligible shareholders as of the record date, at a subscription price of HK$0.710 per share. Through the issuance of up to 86.35 million shares of new shares (assuming no change in the number of shares issued before or on the record date), the company aims to raise a maximum net proceeds of approximately HK$61 million.
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