WestSide Corporation Limited (ASX:WCL) Letter to Shareholders - Announcement of 2-for-5 Entitlement Offer To Raise Approximately A$25.4 Million
On 8 March 2012 WestSide Corporation Limited (ASX:WCL) announced a non-renounceable pro rata entitlement offer to raise approximately A$25.4 million ("Offer"). Eligible WestSide shareholders will be entitled to subscribe for 2 new fully paid ordinary shares in WestSide ("New Shares") for every 5 WestSide ordinary shares they hold for an issue price of A$0.25 per New Share.