Solartech International Announces Private Placement of New Shares
Reuters
Dec 15
Solartech International Announces Private Placement of New Shares
Solartech International Holdings Limited has announced a placing of new shares under its general mandate. The company stated that the placing price was set to align with fair market value, aiming to balance attracting independent investors with the protection of existing shareholders' interests. The board, including independent non-executive directors, considers the terms of the placement to be fair and reasonable and in the best interests of both the company and its shareholders. The move follows an assessment of alternative fundraising options, with the company noting limited market interest and challenges in securing debt financing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solartech International Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251215-11955979), on December 15, 2025, and is solely responsible for the information contained therein.
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.