China Properties Investment Holdings Announces HK$0.43 Per Share Private Placement of 53.43 Million New Shares Under General Mandate
**China Properties Investment Holdings Announces Private Placement of New Shares** China Properties Investment Holdings Limited has announced the subscription of 53,433,000 new shares through a private placement. The new shares will be issued at a price of HK$0.43 per share under the company's General Mandate, which was granted at its latest annual general meeting. The proceeds from this equity raising are expected to support the company's principal businesses in property investment and money lending. The subscriptions do not require additional shareholder approval, as the new shares will be allotted and issued within the limits of the existing mandate. No equity fundraising activities have been carried out by the company in the past 12 months.
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