MOG Digitech Holdings (HKG:1942) agreed with the placing agent to extend the long stop date for the placement of new shares of the company under the general mandate to Aug. 23, from Aug. 8, a Thursday filing with the Hong Kong Exchange said.
The company had agreed to place up to 155,230,000 new shares under general mandate through the placing agent at HK$0.88 per share with the long stop date set as Aug. 8. Since the placing agent requires more time to find suitable placements and complete the relevant administrative procedures, the parties have agreed to extend the long stop date.
The company's shares were down over 1% on Friday's close.
Price (HKD): $0.90, Change: $-0.01, Percent Change: -1.10%
Comments