HK: New Silkroad announces $188.9m open offer, to deploy funds in tourism projects

HK: New Silkroad announces $188.9m open offer, to deploy funds in tourism projects

A Chinese national flag flies in front of the China Construction Bank (CCB) Tower at Hong Kong's business Central district December 26, 2014. REUTERS/Tyrone Siu

New Silkroad Culturaltainment Limited has proposed an open offer to existing shareholders to raise not less than HK$1.466 billion ($188.9 million) with an issue of placement of 916,454,764 to 976,854,764 shares.

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