<p>JUTAL OIL SER (03303.HK) announced a proposed rights issue of six for one, issuing 3.55 shares; the subscription price is HKD 0.16, a discount of 69.23% compared to today's (14th) closing price. The maximum fundraising amount is HKD 56.9 million, with a net amount of HKD 55.1 million, of which 90% is intended for the expansion of existing production facilities; the remainder will be allocated for general working capital</p>

03303

<p>JUTAL OIL SER announced a proposed rights issue of six for one, issuing 3.55 shares; the subscription price is HKD 0.16, representing a discount of 69.23% to today's (14th) closing price. The maximum fundraising amount is HKD 56.9 million, with a net amount of HKD 55.1 million, of which 90% is intended for the expansion of existing production facilities; the remainder will be allocated for general working capital</p>

JUTAL OIL SERVICE discounted by 69% "six supplies and one" raised HKD 56.9 million