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Virtual Mind Raises Nearly HK$10 Million From Share Issue
Virtual Mind's Share Subscription Boosts King Castle's Stake
VIRTUAL MIND (01520.HK): Completed the allocation of 25 million subscription shares, raising a total of 10 million HKD.
Gelonghui December 12丨VIRTUAL MIND (01520.HK) announced that the subscription matter has been completed on December 12, 2024, in accordance with the terms and conditions of the subscription agreement. According to the subscription agreement, Diba has conditionally agreed to subscribe for 25 million subscription shares. As of the date of this announcement, 25 million subscription shares have been successfully allocated and issued to Diba at a subscription price of 0.40 Hong Kong dollars per share. The total amount of funds raised from the subscription matter is 10 million Hong Kong dollars. The net amount of funds raised from the subscription matter (after deducting relevant expenses) is approximately 9.85 million Hong Kong dollars.
On December 9, virtual mind (01520) transferred 15 million shares of inventory to Empire Enterprises Limited.
Virtual mind (01520) announced that the company will grant special authorization regarding the share transfer matter on December 9, 2024.
Virtual Mind Holding Announces Strategic Share Subscription
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