Scrip

Wah Nam presses on with plans

PUBLISHED : Monday, 20 October, 1997, 12:00am
UPDATED : Monday, 20 October, 1997, 12:00am

Consumer electrical appliance-maker Wah Nam Group says it will continue with its rights issue, despite the recent stock market decline. The company hopes to raise about $200 million. Wah Nam scrip was suspended from trading last Thursday after it said it was considering postponing its rights issue.