New Sparkle Roll International Group Ltd. has completed the issuance of new shares under a general mandate. The company has issued a total of 93,800,301 subscription shares, which constitute approximately 16.67% of the total issued shares post-completion. The shares were issued at a subscription price of HK$0.402 each, generating net proceeds of around HK$36.8 million. The completion of the subscriptions occurred after fulfilling all conditions set forth in the subscription agreements. The company's board confirms the successful completion of this financial maneuver.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.