Chuangmeng Tiandi (01119) announced that on July 23, 2024, the company plans to place up to 0.12 billion shares,...
Zhitong Finance App News, Chuangmeng Tiandi (01119) announced that on July 23, 2024, the company plans to place up to 0.12 billion shares, accounting for about 7.09% of the company's issued share capital expanded by allocating and issuing shares in accordance with the placement matters.
As of the date of this announcement, it is anticipated that the number of undertakers will be no less than six. Among them, the company's strategic shareholders and management will also participate in this placement.
The placement price is HK$2.15 per share. The total proceeds from the placement will be approximately HK$0.258 billion, of which the net proceeds are estimated to be approximately HK$0.254 billion. The company plans to use the net proceeds from the placement for research and development of key products and overseas distribution, as well as general working capital.