Asia
CMON Eyes HK$146.2 Million from Rights Issue
CMON (HKG:1792) is proposing a three-for-one rights share issue to raise up to around HK$146.2 million in net proceeds, according to a Thursday Hong Kong bourse filing.The tabletop games maker is looking to issue 185.8 million shares at HK$0.81 apiece to qualifying shareholders under the issue.The company will use proceeds for debt repayment, business expansion, and for general working capital.
HKG:1792