Innoscience (Suzhou) Technology Holding Co. Ltd. Completes Private Placement of 20.7 Million New H Shares, Raising HK$1.56 Billion
Reuters
Oct 17
Innoscience (Suzhou) Technology Holding Co. Ltd. Completes Private Placement of 20.7 Million New H Shares, Raising HK$1.56 Billion
Innoscience (Suzhou) Technology Holding Co. Ltd. has completed the placement of 20,700,000 new H shares under a general mandate. The newly issued shares represent approximately 3.94% of the H shares in issue and about 2.26% of the company's total enlarged share capital. The shares were placed to not less than six investors at a price of HK$75.58 per H share, following the satisfaction of all conditions outlined in the placing agreement.
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