Shanghai Refire Group Completes HK$258 Million Share Placement

MT Newswires Live

01/26

Shanghai Refire Group (HKG:2570) said it closed a HK$258.4 million share placement, according to a Hong Kong bourse filing Monday.

The hydrogen fuel cell systems maker sold 4.5 million new H shares at HK$58.38 each to raise funds to repay its bank loans and lease liabilities and for general corporate purposes.

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