E’corp to cut stake
Equiticorp Holdings, Ltd, will reduce its holdings in Hong Kong listed company, Capitalcorp International, Ltd, to about 75 per cent. The sell down involved the placement of about 95 million 100 c shares at HK32Oc
Equiticorp’s existing CIL shares were sold and Capitalcorp’s issued shares were increased by creating 40 million new HKIOOc shares at a premium of HK2l9c. Capitalcorp wants to list on the New Zealand Stock Exchange.
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Press, 28 July 1987, Page 28
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73E’corp to cut stake Press, 28 July 1987, Page 28
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