Broncus Holding Corporation has announced a proposed issue of shares under a general mandate. The company has entered into subscription agreements with certain subscribers, pursuant to which it will allot and issue a total of 105,108,015 new shares at a subscription price of HK$3.11 per share. The completion of the subscriptions is conditional upon the satisfaction of specified conditions, and the new shares will be issued under the general mandate previously granted to the board of directors.
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