Sterling Group Completes HK$6.8 Million Share Placement

MT Newswires Live

01/22

Sterling Group (HKG:1825) said it completed a HK$6.8 million share offering, according to a Hong Kong bourse filing Thursday.

The firm sold over 69.1 million shares at HK$0.10 apiece to raise funds for general working capital.

The shares represent roughly 16.7% of the apparel manufacturer's enlarged issued share capital.

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