HKT Trust’s $1bn rights issue more than 99% covered
![HK_Fireworks_230px](https://assets.euromoneydigital.com/dims4/default/e96ea70/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F8b%2F31%2Fdc6f429430e3be07ad0027105013%2Fhk-fireworks-230px-70.jpg)
The HK$7.9bn ($1bn) rights issue by HKT Trust was approximately 99.4% covered by existing shareholders, according to July 16 exchange filing by the company.
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