June 18 (Reuters) - Kingkey Financial International
:
* PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
* TO INCREASE AUTHORISED CAPITAL TO HK$1 BILLION DIVIDED INTO 100 BILLION SHARES BY CREATION OF ADDITIONAL 90 MILLION NEW SHARES
* TO PLACE UP TO 1 BILLION PLACING SHARES AT HK$0.25 PER SHARE
* NET PROCEEDS FROM PLACING WILL BE HK$247.3 MILLION
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