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China Kangda Food Provides Details of Four Lease Deals
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China Kangda Food Expands Shares by 4.62%
Kangda Food (00834) completed the issuance of 20 million shares of placement shares.
Kangda Food (00834) announced that the company will issue and distribute securities in accordance with the general authorization on July 19, 2024...
Kangda Food has completed the issuance of a total of 20 million shares for public offering.
Kangda Food (00834) announced that all conditions stipulated in the placement agreement have been met and the placement has been completed on July 16, 2024 in accordance with the terms and conditions of the placement agreement. A total of 20 million shares of placement shares have been successfully placed to one subscriber (Subscriber) at a placement price of HKD 0.25 per share by the placement agent according to the terms and conditions of the placement agreement. The 20 million shares of placement shares represent approximately 4.62% of the Company's existing issued share capital (i.e. 0.433 billion shares) before the completion of the placement; and approximately 4.42% of the enlarged issued share capital of the Company after the issue and placement of the placement shares.
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