China Castson 81 Finance Raises HK$39 Million via Disposal of Listed Securities

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China Castson 81 Finance Raises HK$39 Million via Disposal of Listed Securities

MT Newswires Live01-22

China Castson 81 Finance (HKG:0810) raised HK$39.18 million via disposal of 41,108,000 listed shares of Grown Up Group Investment (HKG:1842) on May 10, 2023, and May 15, 2023, a delayed Wednesday Hong Kong bourse filing said.

The company failed to issue the report of the disposal in time due to a clerical error.

The filing further said the group made a net profit of HK$26.9 million from the disposal and intends to use the proceeds for general working capital or other investment opportunities.

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