BRIEF-HSC Resources Announces Share Consolidation

Reuters12-19 23:27

Dec 19 (Reuters) - HSC Resources Group Ltd :

* SHARE CONSOLIDATION OF EVERY 5 ISSUED SHARES OF PAR VALUE OF HK$0.20 EACH CONSOLIDATED INTO 1 SHARE OF PAR VALUE OF HK$1.00 EACH

* RIGHTS ISSUE AT SUBSCRIPTION PRICE OF HK$0.53 PER SHARE, ISSUING UP TO 138.2 MILLION RIGHTS SHARES

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((Reuters.Briefs@thomsonreuters.com;))

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