Event
Pujiang China Completes Share Placement, Raising Approximately HK$130 Million
1 reports · 1 sources
Pujiang China announced on October 21 the completion of a new share placement, issuing 33 million new shares at HK$4.00 per share to no fewer than six independent placees, raising gross proceeds of approximately HK$130 million. Following the placement, the public shareholding ratio increased to 36.4%. The company stated that this placement introduced AI-sector enterprises with industrial synergy empowerment effects as well as financial investors.
Report timeline
- Pujiang China completes share placement, raising approximately HK$130 million in gross proceeds
Pujiang China announced on October 21 that it had completed a placement of new shares, issuing 33,000,000 new shares at HK$4.00 per share to no fewer than six independent placees, raising gross proceeds of approximately HK$130 million. The placement brought in AI-sector companies with industrial synergy and enabling effects as well as financial investors, and the public float rose to 36.4% after completion.
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