Shenghui Cleanness Group Holdings Ltd., a company listed on the main board of the Stock Exchange of Hong Kong, has announced the placing of new shares under a general mandate. The placing is aimed at expanding the company's share capital by issuing 194,020,000 new shares, which will represent approximately 9.95% of the enlarged share capital after completion. Following the placement, the total number of shares will increase from 1,755,980,000 to 1,950,000,000. The shareholding structure will see Prosperity Cleanness and Sunrise Cleanness each holding approximately 30.08% of the shares, while the new placees will hold 9.95%, and the remaining 29.89% will be held by other public shareholders. The completion date will be five business days after all conditions precedent of the placing agreement have been fulfilled.
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