DTXS Silk Road Investment Announces Placing of 66.75 Million New Shares Under General Mandate
Reuters
Jul 09
DTXS Silk Road Investment Announces Placing of 66.75 Million New Shares Under General Mandate
DTXS Silk Road Investment Holdings Company Limited has announced a placing of new shares under a general mandate. The company has entered into a conditional placing agreement with Cheong Lee Securities Limited as the placing agent. The agreement involves the allotment and issuance of up to 66,752,523 new shares at a placing price of HK$0.5 per share. This placement will adjust the shareholding structure, with DTXS International Holdings' stake decreasing from approximately 57.44% to 52.23%, and the new placees acquiring a 9.09% interest. The company is incorporated in Bermuda and operates with limited liability, trading under stock code 620.
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