ALLUREFEM HLDG (08305) surged over 75% in late trading, currently up 59.17%, priced at HKD 0.191, with a transaction volume of 10.8714 million HKD.
According to Zhito Finance APP, ALLUREFEM HLDG (08305) surged over 75% in late trading, currently up 59.17%, priced at HKD 0.191, with a transaction volume of 10.8714 million HKD.
In terms of news, ALLUREFEM HLDG announced the completion of a placement of 0.21 billion shares. It is reported that the company previously announced a discount of about 9.84% for the placement of up to 0.21 billion shares, with a maximum net fundraising of about 11.204 million HKD, approximately 2 million HKD used to repay Banks' loans and about 9.204 million HKD used for general operating funds of the group.
Furthermore, ALLUREFEM HLDG announced in September this year that the company is actively exploring business development opportunities in the BAY AREA DEV and appointed Chen Peng as CEO to explore business opportunities in the BAY AREA DEV for the group. The Board of Directors believes that developing business in the BAY AREA DEV has the potential to contribute to the group's future and is beneficial for the company and aligns with the interests of the group and Shareholder.