According to the Zhitong Finance App, Guomao Holdings (08428) issued an announcement. The terms of the placement agreement have been met, so the completion was confirmed on March 19, 2024. The placement agent has successfully placed a total of 18.6619 million shares to no less than six undertakers at an placement price of HK$0.055 per share in accordance with the terms and conditions of the placement agreement.
The Company has collected approximately HK$9.93 million in net proceeds from the placement (after deducting placement commissions and other fees and expenses).