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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 15.85
Change 0.23
% Change 0.01
Cumulative volume 12594
Market cap 13.64bn

Last Updated: 16/04/2014 at 01:24. 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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