Fullshare Raises Subscription Price of Share Placement
MT Newswires Live
Jan 27
Fullshare Holdings (HKG:0607) said it revised the subscription price of its recently announced share placement, according to a Hong Kong bourse filing on Tuesday.
The conglomerate raised the subscription price marginally from HK$1.04 per share to HK$1.05 per share.
The company will continue to issue 75 million shares and 55 million shares to two separate investors at the revised price for gross proceeds of HK$133.4 million.
The funds are intended for the repayment of the company's loans and amounts payable, business development and for working capital.
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