New Ray Medicine Raises HK$7.4 Million in Share Placement

Reuters12-23 20:36

New Ray Medicine Raises HK$7.4 Million in Share Placement

New Ray Medicine International Holding Ltd. has completed the placing of 33,432,000 new shares under a general mandate, representing approximately 16.66% of the company’s issued share capital immediately after completion. The shares were placed to not less than six investors at a price of HK$0.225 per share, raising net proceeds of approximately HK$7.4 million. The placing was conducted through Cheong Lee Securities Limited as the placing agent, and none of the placees became a substantial shareholder of the company as a result of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Ray Medicine International Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251223-11965755), on December 23, 2025, and is solely responsible for the information contained therein.

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