HKE HOLDINGS (1726.HK) rose 7.41% to HK $0.87 on November 18, with a total market capitalization of HK $835 million.
HKEHOLDINGS announced yesterday that the Board is pleased to announce that the prerequisites set out in the placing Agreement have been met and that the placing has been completed on November 17, 2021. In accordance with the terms and conditions of the placing Agreement, a total of 160 million placing shares have been allotted and issued to not less than six independent Placees at the placing Price of HK $0.40 per placing share.