One Glove Group Proposes To Undertake Renounceable Rights Issue Of 142 Million New Shares

By - Reuters

March 20 (Reuters) - One Glove Group Bhd:

* PROPOSES TO UNDERTAKE REVISED RENOUNCEABLE RIGHTS ISSUE OF 142 MILLION NEW SHARES AT ISSUE PRICE OF 0.22 RGT PER SHARE

* REVISED ISSUANCE ON BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ONE GLOVE SHARES HELD Source text for Eikon: Further company coverage: