SHANGHAI GROWTH拟按“8供3”基准进行供股

Core Viewpoint - Shanghai Growth (00770) announced a rights issue to raise approximately $580,000 before expenses by offering 3 shares for every 8 shares held at a subscription price of $0.12 per share [1] Group 1 - The board of directors proposed a rights issue to eligible shareholders, offering a total of up to 4.8087 million shares [1] - The estimated net proceeds from the rights issue, after deducting all necessary expenses, are expected to be around $550,000 [1] - The rights issue is contingent on no further issuance or repurchase of shares before the record date [1]