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China Kingstone Mining Aims to Raise Up to HK$293 Million in Sale of Rights Shares

6 Mar 2017 1:36 am
 
   By Gaurav Raghuvanshi 
 

SINGAPORE--China Kingstone Mining Holdings Ltd. (1380.HK) said it plans to raise up to 293 million Hong Kong dollars (US$37.7 million) selling shares in a rights issue.

China Kingstone will sell up to 2.44 billion new shares, offering five rights shares for every share held by an investor, at HK$0.12 each, the company said in a regulatory filing late Friday.
 

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
 

(END) Dow Jones Newswires

March 05, 2017 20:36 ET (01:36 GMT)

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