Shenzhen Pagoda Industrial Seeks HK$327 Million via Share Offering; Shares Up 26%
MT Newswires Live
Sep 22, 2025
Shenzhen Pagoda Industrial (Group) (HKG:2411) is looking to raise HK$327 million via a share offering, according to a Hong Kong bourse filing on Sunday.
Shares of the fruit retailer jumped over 26% in morning trade Monday.
The company is seeking investors for 279,500,000 H shares priced at HK$1.17 each to raise funds primarily for repaying loans and amounts owed.
The shares represent 19.2% of the company's existing issued H shares and 18.2% of its total shares, and around 16.1% of H shares and 15.4% of total shares as enlarged by the offering.
First Shanghai Securities is serving as the placing agent for the offering.
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.