SHANGHAI GROWTH(00770)拟按“8供3”基准进行供股

Group 1 - The company Shanghai Growth (00770) announced a rights issue, proposing to offer 3 new shares for every 8 shares held at a subscription price of $0.12 per share [1] - The rights issue aims to raise approximately $580,000 before expenses, assuming no further issuance or repurchase of shares before the record date [1] - If fully subscribed, the estimated net proceeds from the rights issue, after deducting all necessary expenses, are expected to be around $550,000 [1]