CN ANCHU ENERGY (02399) surged over 30% in early trading, and as of the time of writing, the stock price has increased by 23%, currently standing at HKD 0.246, with a transaction amount of HKD 3.6351 million.
CN ANCHU ENERGY announced that it will issue a total of 59.574 million shares to two independent third parties, which corresponds to an increase of 1.96% in the expanded share capital; the price per share is HKD 0.5, a premium of 150% over the last trading day (23rd). The total amount raised is HKD 29.8 million, with a net amount of HKD 29.7 million, intended for general working capital.
