Parkson rights issue has been down 7% down the price

Parkson Business (03368) holding shareholder 11.71 yuan per share placing up to 55 million old shares, the stock market this morning before the opening of a total value of 644 million yuan placement has been on board, this morning, the share price low see 11.48 Yuan, fell 6.82%, has fallen to wear the selling price.　　The current price of 11.64 yuan, still fell 5.519%, a temporary transaction of more than 678 million yuan. Parkson announced that the controlling shareholder Parkson Holdings Berhad has commissioned UBS to allocate 11.71 yuan per share of not more than 55 million shares or accounted for 1.96%, set now 644 million yuan.　　Prior to placing, the controlling shareholder held 53.58% per cent of the shares. Yesterday, the market test plate price per share of 11.71-12.07 yuan, the distribution price is the lower limit of the placing, compared to yesterday's closing price of 12.32 yuan discount to 4.95%.