BRIEF-GR Properties Proposes To Raise About HK$728.75 Mln

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May 24 (Reuters) - GR Properties Ltd:

* CO PROPOSES TO RAISE ABOUT HK$728.75 MILLION BY ISSUING 910.9 MILLION SHARES

* SHARES TO BE ALLOTTED & ISSUED ON BASIS OF ONE OFFER SHARE FOR EVERY TWO EXISTING SHARES HELD Source text for Eikon: Further company coverage:

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