China Castson 81 Finance Announces HK$3.8 Million Private Placement of New Shares Under General Mandate
**China Castson 81 Finance Co. Ltd. Announces Private Placement of New Shares** China Castson 81 Finance Co. Ltd. (Stock Code: 810) has announced a proposed private placement of up to 33,936,000 new shares under a general mandate. The new shares will be placed through a placing agent on a best-efforts basis at a price of HK$0.112 per share to at least six professional, institutional, or other independent investors. The placement shares represent approximately 20% of the company's existing issued share capital. The transaction is subject to customary conditions, including no material adverse changes and no prolonged trading suspension. Proceeds from the placement are expected to support the company's financial and operational strategies.
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