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Universe (1046) reveals 4.13% stake in First Credit (8215)
Company announcement, 25-May-2016
The shares were purportedly acquired for "short-term trading" and therefore Universe did not disclose the acquisition at the time. 15m shares were subscribed in a placing, which must have been at $0.174, and 135m shares in the 9:1 rights issue at $0.127, for a total of $19.76m and an average $0.1317 per share.
Organisations
- First Credit Finance Group Limited 第一信用金融集團有限公司
- Universe Entertainment and Culture Group Company Limited 寰宇娛樂文化集團有限公司
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