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Champion Technology Holdings to Place Over 136 Million Shares
Champion Technology Holdings (HKG:0092) agreed to place 136,764,000 placing shares to at least six parties at HK$0.175 per share via a placing agent on Thursday after trading hours, a Friday filing wi
Champion Tech (00092.HK) plans to offer a 13.79% discount for the sale of 137 million shares, raising a net of HKD 21 million.
On June 28, Gelonghui announced that Champion Tech (00092.HK) signed a placement agreement with the placement agents (Jiehao Securities and Rich Securities) on June 27, 2024. According to the agreement, the placement agents have agreed to issue approximately 137 million shares at a placement price of HKD 0.175 per share to no fewer than six underwriters in accordance with the terms of the agreement and under their conditions. The placement price is about 13.79% lower than the closing price of HKD 0.203 per share of the stock on the Hong Kong Stock Exchange on June 27 (the date of the placement agreement). The placement is subject to the approval of the Hong Kong Stock Exchange.
Express News | Champion Technology - to Place on Best Effort Basis, 136.8 Mln Shares at HK$0.175 per Share
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Oil Inches Lower After Rally as Investors Await U.S. Inflation Data, Fed Meeting
0748 GMT - Oil prices edge lower as investors await key U.S. inflation data and the Federal Reserve's policy meeting outcome for more clarity on the path of rate cuts and how that will affect demand.
Champion Tech (00092.HK) appointed Wu Guoliang as company secretary.
Champion Tech (00092.HK) announced on June 3rd that Mr. Wu Guoliang will be appointed as the company's secretary and authorized representative starting from June 1, 2024, to fill the vacancy left by Mr. Chen's resignation.
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