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CHINA TIANRUI (01252.HK) plans to first place existing shares before new ones, not exceeding 0.145 billion shares, raising a maximum net amount of 47 million Hong Kong dollars.
On December 24, Gelonghui reported that CHINA TIANRUI (01252.HK) announced that on December 24, 2024, the seller and the company entered into an agreement with the placement agent, under which the seller conditionally agreed to appoint the placement agent (excluding all other parties), and the placement agent conditionally agreed to use its best efforts to facilitate independent subscribers (or itself as the principal) to purchase up to 0.145 billion placement shares at the placement price of HKD 0.33 per share. According to the agreement, the seller conditionally agreed to subscribe, and the company also conditionally agreed to issue and allot to the seller the same number of shares as placed at the subscription price (the same as the placement price).
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CHINA TIANRUI: UPDATE ON PUBLICATION OF 2024 INTERIM RESULTS
Hong Kong stock activity | CHINA TIANRUI (01252) fell more than 11% during the session and will release its interim results on Friday, which may significantly differ from the preliminary interim results.
CHINA TIANRUI (01252) fell over 11% during the session, and as of the time of writing, it has dropped by 6.82%, quoted at 0.41 Hong Kong dollars, with a transaction volume of 14.5526 million Hong Kong dollars.