Many Idea Cloud Holdings Completes Share Subscription

TipRanksJul 15 05:13 ET

Duoxiang Cloud (06696) completed the issuance of 0.16 billion subscription shares, netting HKD 39.9 million.

Zhixun Finance App news, Duoxiangyun (06696) announced that all the prerequisites for the subscription matter have been met and will be completed on July 15, 2024. A total of 0.16 billion shares of subscribed shares have been successfully issued to subscribers at a subscription price of HK$0.25 per share. The subscription shares account for approximately 13.33% of the company's existing issued share capital immediately before the completion of the subscription, and approximately 11.76% of the company's issued share capital after the expansion of the share capital through the placement and issuance of subscription shares. The total amount of funds raised from the subscription matter is approximately HK$40 million. After deducting related costs and expenses, the proceeds from the subscription matter were

Zhitong FinanceJul 15 04:43 ET

Many Idea Cloud Holdings Issues 160 Million Shares to Two Investors

MT NewswiresJun 17 00:24 ET

Duoxiang Cloud (06696.HK) intends to issue a total of 160 million subscription shares, raising a total of HKD 40 million.

On June 17th, Gelunhui reported that Duoxiangyun (06696.HK) released an announcement that on June 15, 2024, the company (as the issuer) signed two subscription agreements with two subscribers for a total of 160 million subscribed shares (each subscription price is HKD 0.25). Subscriber A (ie, High Yield Fund Independent Portfolio Company) is an independent private equity fund company, and subscriber B (ie, Wang Wenwen) is a group employee. The issuance of subscribed shares does not require the approval of shareholders, and the subscribed shares will be issued based on the general authorization granted by the board of directors at the shareholders' annual general meeting. The total 160 million subscribed shares represent: (i) as of the announcement date.

Gelonghui FinanceJun 16 18:24 ET

Express News | Many Idea Cloud - Subscription of an Aggregate of 160 Mln Subscription Shares at HK$0.25 per Share

ReutersJun 16 18:12 ET

Many Idea Cloud Holdings CEO & Chairman of the Board Acquires 232% More Stock

Simply Wall StApr 26 18:19 ET