China Health Technology Group Holding (HKG:1069) plans to issue 143 million shares to six placees for about HK$9 million in gross proceeds under a general mandate, according to a Wednesday filing on the Hong Kong bourse.
The placement price is HK$0.063 per share. The placing shares would account for about 16.64% of the enlarged share capital of the company.
China Health Technology plans to use the funds for general working capital.
Price (HKD): $0.07, Change: $, Percent Change: -5.48%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments