Guomao Holdings (08428) announced that on February 21, 2024, the company plans to distribute no less than six through placement agents...
According to the Zhitong Finance App, Guomao Holdings (08428) announced that on February 21, 2024, the company plans to place a maximum of about 18.6619 million shares to no less than six grantees through placement agents, accounting for about 16.67% of the expanded share capital, HK$1.09 per share, a discount of about 18.66% from the closing price of HK$1.34 per share on the same day.
The maximum net raise from the placement is approximately HK$19.7 million, which is intended to be used as the Group's general working capital.