Shoucheng Holdings Ltd. Announces Private Placement of 276.5 Million New Shares at HK$2.17 Each

Reuters
Sep 04
Shoucheng Holdings Ltd. Announces Private Placement of 276.5 Million New Shares at HK$2.17 Each

Shoucheng Holdings Ltd. has announced a private placement of 276,496,000 new shares under a general mandate. The shares will be issued at a placing price of HK$2.17 per share. The company, listed on the Main Board of the Hong Kong Stock Exchange, emphasizes that this announcement is for informational purposes only and does not constitute an invitation or offer to acquire, purchase, or subscribe for any securities. The Board of Shoucheng Holdings Ltd., led by Chairman Zhao Tianyang, includes several executive and non-executive directors. The placement aims to enhance the company's capital base and support its future growth initiatives.

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