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Pacific legend (08547.HK) plans to discount approximately 2.37% of the maximum 42.7 million shares for a net raise of HKD 6.88 million.
On August 8th, Guolonghui reported that Pacific Legend (08547.HK) has signed a subscription agreement with its placement agent and is now able to issue up to 42.7 million shares of stock through the placement agent to no fewer than six subscribers (who, along with their ultimate beneficial owners, must be independent third parties) at a price of HKD 0.165 per share. This price represents a discount of approximately 2.37% from the closing price of HKD 0.169 per share reported on the final trading day of the Stock Exchange of Hong Kong.
Express News | Pacific Legend - to Place via Placing Agent on Best Effort Basis, up to 42.7 Mln Placing Shares at HK$0.165 per Share
Risks Still Elevated At These Prices As Pacific Legend Group Limited (HKG:8547) Shares Dive 51%
PACIFIC LEGEND: CLARIFICATION ANNOUNCEMENT
Pacific Legend (08547): Huang Yongwen was appointed as the chairman of the board of directors and authorized representative.
Pacific Legend (08547) announced in a statement that the Board of Directors announced the following changes effective from 2024...
Express News | Pacific Legend Group Ltd - John Warren Mclennan Ceased to Be Chairman, CEO
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