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BRIEF-Ingenuity Property Investments announces equity raise of up to 150 mln rand
May 9, 2017 / 3:14 PM / in 7 months

BRIEF-Ingenuity Property Investments announces equity raise of up to 150 mln rand

May 9 (Reuters) - Ingenuity Property Investments Ltd :

* Announces equity raise of up to 150 mln rand through issue of new ordinary shares by means of a private placing

* Intends to use net proceeds from private placing for working capital requirements

* Says Avior Capital Markets Proprietary Limited is acting as sole bookrunner for this capital raise Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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