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Gao Di Corporation plans to discount approximately 1.41% for the sale of up to 11.5 million shares, raising a net amount of approximately 15.7 million Hong Kong dollars.
Gaodi Corporation (01676) announced that on July 24, 2024 (after the trading session), the placement agent and the company entered into a placement agreement. According to this agreement, the placement agent conditionally agreed to serve as the company's placement agent and used its best efforts to promote the company to offer up to 11.5 million placement shares at a placement price of HKD 1.40 per share to no less than 6 placing participants (each of whom and their ultimate beneficiaries are independent third parties). The placement price of HKD 1.40 per share is approximately 1% discount compared to the closing price per share of HKD 1.42 as reported in the HKEX on the date of the placement agreement.
Gao Di Co., Ltd. (01676) plans to discount approximately 1.41% and distribute up to 11.5 million shares, with a net raise of approximately HKD 15.7 million.
Gaodi Co. (01676) released an announcement that on July 24, 2024 (after the trading session), the distribution agent and the public will be allocated...
Express News | Gaodi Holdings - Placing of up 11.5 Mln Placing Shares at HK$1.40 per Share
Soochow Securities: The food and beverage sector is in a stage of low-to-medium-speed transformation, and the rebound of the sector is waiting for the clearance of the business performance risk of listed companies or the reversal of demand expectations.
The current valuation of the food and beverage sector is relatively low, primarily due to concerns about future cash flow and profit downgrades. Short-term market pessimism has had an impact on the sector, and the sector's rebound is awaiting clarification of listed company performance risks, or a reversal of demand expectations, the latter depending on proactive fiscal and monetary policies at the macro level or verification of seasonal sales at the middle level.
Gaodi Corporation (01676.HK): Hong Jixiang appointed as executive director.
On June 21, Ge Long Hui announced that Hong Jixiang has been appointed as the company's executive director, effective from June 21, 2024.
Express News | China Shenghai - Hong Jixiang Appointed as Executive Director
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