trending Market Intelligence /marketintelligence/en/news-insights/trending/8-EK2Y3a9YOv2Z5rwmWP1Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Southwest Securities International to raise up to HK$159.9M in rights issue

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Southwest Securities International to raise up to HK$159.9M in rights issue

Southwest Securities International Securities Ltd. plans to raise about HK$159.9 million before expenses in its proposed rights shares issue.

The company plans to issue 1,220,610,204 rights shares at the subscription price of 13.1 cents per share, according to a Feb. 20 release. Shareholders will receive 1 rights share for every 2 existing shares held as of the March 27 record date. After deducting expenses, the estimated net proceeds of the rights issue would be approximately HK$158.1 million.

The company plans to use net proceeds for the development of its corporate finance and asset management businesses and as general working capital.

Ever Joy Securities Ltd. is the underwriter for the issue.