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Rainbow Chicken in bid to raise R3.9bn

Dec 06 2012 14:36
Reuters


Company Data

RCL Foods Limited [JSE:RCL]

Last traded 15
Change 0
% Change -1
Cumulative volume 9177
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg - Rainbow Chicken [JSE:RBW] said on Thursday it plans to raise R3.9bn through a rights offer to fund growth projects. 

The company said it would issue about 277 million new shares at R14.20 per share.

 
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