XUNZHONG Completes Placement of 11.19 Million New Shares
Stock News
Sep 17
XUNZHONG has announced that all conditions under the placement agreement have been fulfilled, with the transaction officially completed on September 17, 2026.
A total of 11.19 million placement shares, representing approximately 8.42% of the enlarged issued share capital (excluding treasury shares) immediately following the issuance, were successfully placed to no fewer than six subscribers at a price of HK$28.20 per share, in accordance with the terms and conditions set out in the agreement.
Following the completion of the placement, the company's share capital base has been expanded, reflecting the successful execution of this fundraising initiative.
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