Shanghai International Shanghai Growth Investment (HKG:0770) is looking to raise net proceeds of $404,000 from the placement of up to 2,137,200 shares to at least six investors at $0.195 apiece, a June 13 Hong Kong bourse filing said.
The shares represent 16.67% of the securities investor's enlarged issued share capital.
Proceeds from the issue will be used for securities investment and future investment opportunities.
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