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APAC Resources (01104) drops 11.63% on rights issue
12 Mar 2019
(Infocast News) APAC Resources (01104) fluctuated between HK$1.14 and HK$1.26 this morning, representing a decline of 2.33-11.63% from yesterday's closing price of HK$1.29, after proposing to raise HK$447 million before expenses by way of a rights issue at a subscription price of HK$1.1 per rights share, which has a 14.73% discount to HK$1.29.

The stock is now trading 5.43% lower at HK$1.22.

(WL)
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