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China Supply Chain Seeks to Raise HK$13 Million via Share Placement
CH SUPPLY CH has entered into a subscription agreement.
On January 6, Glonghui announced that CH SUPPLY CH (03708.HK) entered into a subscription agreement with subscriber I, Qingda Zongheng Holdings Group Co., Ltd., and subscriber II, Mr. Li Guoxun, a merchant from Hong Kong, on January 6, 2025. In accordance with the general authorization, subscriber I and subscriber II have conditionally agreed to subscribe, and the company has conditionally agreed to issue 0.67 billion subscription shares to subscriber I and 0.448 billion subscription shares to subscriber II, with a subscription price of HKD 0.012 per subscription share (a discount of about 20% compared to the closing price of HKD 0.015 per share on January 6), for a total consideration of 1.
CH SUPPLY CHAIN (03708) plans to issue 1.1188 billion subscription shares at a discount of about 20%, raising a net amount of 13.42 million Hong Kong dollars.
CH SUPPLY CH (03708) announced that on January 6, 2025, the subscriber I (Qingda Zongheng Holdings...
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