August 8, 2017 / 11:00 AM / 10 days ago

BRIEF-Greenbay properties confirms equity raise to 4 bln rand

Aug 8 (Reuters) - GREENBAY PROPERTIES LTD

* CONFIRMS THAT WILL INCREASE AMOUNT OF EQUITY RAISE FROM 2 BILLION RAND TO 4 BILLION RAND TO BE ISSUED ON THE JSE AT ZAR1.97 PER SHARE AND ON SEM AT EUR0.126 PER SHARE

* EQUITY RAISE IS BEING OFFERED TO QUALIFYING INVESTORS THROUGH ACCELERATED BOOK BUILD PROCESS , WILL CLOSE AT 11.30 (SA TIME) Source: bit.ly/2wpzdmk Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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