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19May94 UK: HIGGS CALL FOR CASH TO BUY SITES.

Higgs and Hill has launched a rights issue to raise £22.2 million to buy house building sites largely from English China Clays in western and south-east England.Higgs is buying 13 sites for £22.5 million to build 930 homes.The firm says the acquisitions will enable it to raise volumes to around 650 units a year by 1995 and will form a new housing region in the West.It is paying £19.3 million for 10 sites for 800 units from English China Clays, which has been winding down ...

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