WE Holdings

WE Holdings: Counter will go XR on 29 Jul for its proposed renounceable underwritten 1-for-1 rights-cum-warrants issue, with rights issue price at $0.015 and warrant exercise price at $0.03 per share. Maximum net proceeds of $10.1m will be used towards repayment of bank borrowings, funding the growth and expansion of the group through its proposed new resources businesses in Myanmar, as well as improving its general working capital position.