Hong Kong stock company raised HK$275.6 million through a rights issue, with five institutions participating in the subscription.
According to Gate News bot, a company listed on the Hong Kong Stock Exchange announced on June 30 that it will issue a total of 166 million new shares to 5 investors, accounting for 22.08% of the company's enlarged equity. The subscription price per share is HKD 1.66, representing a discount of 29.66% compared to the closing price of HKD 2.36 on June 27, with the total amount of funds expected to reach HKD 275.6 million.
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