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Investors Don't See Light At End Of IVD Medical Holding Limited's (HKG:1931) Tunnel And Push Stock Down 28%
Unfortunately for some shareholders, the IVD Medical Holding Limited (HKG:1931) share price has dived 28% in the last thirty days, prolonging recent pain. Instead of being rewarded, shareholders wh
Ivd Medical (01931): Lin Huiyin resigns as joint company secretary and authorized representative.
IVD Medical (01931) announced that Lin Huiyin has resigned as the joint company secretary of the company and the director of the Stock Exchange's listing rules...
IVD Medical Holding Plans Sale of 270.9 Million Shares Under Placement Agreement; Shares Down 3%
IVD Medical Holding (HKG:1931) plans to sell up to 270.9 million shares to not less than six investors at HK$0.70 apiece under a share placement agreement, according to a Tuesday filing with the Hong
IVD Medical plans to offer a discount of about 18.6% for the sale of up to 271 million shares, with a net fundraising of approximately HKD 189 million.
IVD Medical (01931) announced that on June 25, 2024 (after trading hours), the company has entered into a placement agreement with placement agents. Pursuant to the agreement, the company conditionally agreed to allot and issue, and the placement agents conditionally agreed to use their best endeavors to procure not less than six placees to subscribe for up to 271 million placing shares at the placing price of HKD 0.7 per placing share. The placing price represents a discount of approximately 18.60% to the closing market price of HKD 0.86 per share as quoted on the Stock Exchange on the date of the placement agreement. It is expected that the net maximum proceeds from the placing will be approximately HKD 189 million. The highest placing price per share.
ivd medical (01931.HK) plans to offer a discount of about 18.60% for up to 270 million shares, with a net raise of HKD 189 million.
On June 25th, Gelonhui reported that ivd medical(01931.HK) signed a placement agreement with the placement agent on June 25th, 2024. Accordingly, the company has agreed to issue and distribute with conditions met. The placement agent has agreed to use its best efforts to sell a maximum of 270,918,016 shares at a placement price of HK$0.7 per share to no less than six placing agents. Placees and (if applicable) their respective ultimate beneficial owners must be independent third parties. The placement shares will be issued under the general authority and do not require additional approval from shareholders. The placement shares are equivalent to a fully issued and distributed amount.
Express News | IVD Medical - to Allot and Issue up to 270.9 Mln Placing Shares at HK$0.7 per Share
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