China Health Technology Group (01069) issued an announcement. On May 28, 2024 (after the trading period), the company...
According to Zhitong Finance App News, China Health Technology Group (01069) issued an announcement. On May 28, 2024 (after the trading period), the company entered into a placement agreement with the placement agent. According to this, the company has agreed to use the placement agent to place a total of up to 143 million shares at the placement price of HK$0.063 per share to no less than six undertakers, and all of these undertakers and beneficial owners are independent third parties. The placement price of HK$0.063 is approximately 13.70% off of the closing price of the shares at HK$0.073 per share as reported on the date of the placement agreement.
Assuming that all placed shares are fully placed, the net proceeds from the placement are approximately HK$8.6 million, which is equivalent to a net issue price of approximately HK$0.060 per placed share. The company will apply to the Stock Exchange to place shares for listing and trading.
