China United Venture Investment Limited has announced the completion of the first and second subscription agreements, resulting in the capitalization and settlement of HK$5,664,000 of payables owed by the company. The gross proceeds from these transactions amounted to HK$2,400,000, with net proceeds of approximately HK$2,000,000, which will be used for the group’s general working capital purposes. The company also noted a change in its shareholding structure following completion of these agreements.

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