Affluent Partners Holdings Limited Announces Private Placement of 40 Million New Shares at HK$0.48 Each Under General Mandate
Reuters
Sep 29
<a href="https://laohu8.com/S/MNNGF">Affluent Partners</a> Holdings Limited Announces Private Placement of 40 Million New Shares at HK$0.48 Each Under General Mandate
Affluent Partners Holdings Limited has announced that it has entered into agreements for a private placement of new shares under its general mandate. The company will issue a total of 40 million new shares at a subscription price of HK$0.48 per share to three individual investors-Liu Weidong, Zhou Suya, and Wang Huiqin-each of whom is an independent third party and not currently a shareholder. The agreements for the subscription of the new shares are not inter-conditional, and the proceeds are expected to support the company's general working capital and future business development. Completion of the subscriptions remains subject to the fulfillment of conditions set out in the agreements and approval for the listing of the new shares on the Stock Exchange of Hong Kong.
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