Search

Advised National Investments Fund Limited (stock code: 1227) on its 1-for-5 rights issue

In January 2021, Chungs Lawyers (in association with DeHeng Law Offices) advised National Investments Fund Limited (stock code: 1227) (“National Investment”) on its rights issue to raise funds for not more than HK$153.3 million. The rights issue was conducted on the basis of five rights shares for every one existing share.

National Investments is an investment company listed on the main board of the Stock Exchange under Chapter 21 of the Listing Rules, and is principally engaged in the investment in listed and unlisted companies. National Investments was subject to a winding up petition and successfully obtained validation order from the High Court to conduct rights issue.

Recent Posts

See All