Dragon Emperor Group (08493.HK) completed a placement of 48.384 million shares, raising approximately HK$4.55 million net.

Wisdom Financial News APP News, Long Emperor Group (08493.HK) announced that all the preconditions stated in the placement agreement have been satisfied or reached, and the transaction was completed on June 20, 2025. In accordance with the terms and conditions of the placement agreement, a total of 48.384 million shares of placement shares have been successfully sold to Mr. Li by the placement agent at a price of HK$0.10 per share. The 48.384 million shares of placement shares represent 20.00% of the total number of shares issued immediately prior to completion, and approximately 16.67% of the total number of shares issued after completion and the issuance of placement shares.