Sanergy Group Completes HK$18.9 Million Share Placing

Reuters02-20 22:42

Sanergy Group Completes HK$18.9 Million Share Placing

Sanergy Group Ltd. said it has completed a private placement of 228 million new shares under its general mandate, placed at HK$0.083 per share to at least six professional and institutional investors. The placing raised gross proceeds of about HK$18.9 million and net proceeds of about HK$18.4 million, with funds to be split between developing its graphite electrodes business and general corporate purposes. Following the issue, total shares outstanding increased to 1.938 billion.

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. Sanergy Group 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-20260220-12027134), on February 20, 2026, and is solely responsible for the information contained therein.

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