BRIEF-Alco Holdings Proposes Rights Issue On Basis Of 4 Rights Shares For Every 1 Share Held

Reuters03-25

March 25 (Reuters) - Alco Holdings Ltd 0328.HK:

PROPOSED RIGHTS ISSUE ON BASIS OF 4 RIGHTS SHARES FOR EVERY 1 SHARE HELD
SUBSCRIPTION PRICE SET AT HK$0.55
ESTIMATED NET PROCEEDS OF RIGHTS ISSUE APPROXIMATELY HK$121.8 MILLION

Further company coverage: 0328.HK

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

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