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Xixiangfeng Group (02473.HK) Places 154 Million Shares at 15.52% Discount via Top-up Placement, Raising Over HKD152 Million
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Xixiangfeng Group (02473.HK) announced a top-up placement of 154 million shares. The new shares represent 9.09% of the enlarged share capital. The placing price is HKD0.98, representing a 15.52% discount to today's (13th) closing price.
Gross proceeds amount to HKD152 million, with net proceeds of HKD151 million. The company intends to use the funds for the purchase of motor vehicles related to its principal business and for general working capital purposes. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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