Inspur Digital Enterprise Technology Raises Funds Through Private Share Placement

Reuters11-16
Inspur Digital Enterprise Technology Raises Funds Through Private Share Placement

Inspur Digital Enterprise Technology Limited has announced a placing agreement for the sale of up to 67,634,000 new shares at HK$7.30 per share under a general mandate. The placing agent will procure at least six independent third-party investors to subscribe for the new shares on a best-effort basis. The placement is not a public offering and is conducted in accordance with relevant regulations, with completion expected no later than the sixth business day following the agreement date.

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