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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 16.47
Change 0.07
% Change 0.00
Cumulative volume 90621
Market cap 15.31bn

Last Updated: 31/07/2014 at 04:07. 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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