CHAMPION TECH (00092) plans to discount approximately 16.95% for the placement of 164 million shares, with a net fund raising of approximately HK$38.5 million.
Champion Technology Group (00092) announced that on January 7, 2025, the company plans to issue 164 million shares...
CHAMPION TECH (00092) announced that on January 7, 2025, the company plans to issue 164 million shares at a discounted price of HK$0.245 per share, compared to the closing price of HK$0.295 per share on January 7, representing a discount of approximately 16.95%.
Assuming that a maximum of 164 million shares will be issued, the net proceeds to be received by the company will be approximately HK$38.5 million. The company plans to use the net proceeds as special operating funds for the group's green energy business.
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