It plans 8-for-1 rights issue, bonus issue for working capital, investment
Wed, Apr 09, 2014 - 6:00 AM
LOSS-MAKING CCM Group plans to issue up to 28.75 billion shares via an eight-for-one rights issue and another 28.75 billion bonus shares on the basis of one bonus share for every rights share subscribed.
At half a cent each, the rights shares are expected to raise a maximum of about $143....
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