Core Viewpoint - China Shangcheng (02330) has successfully completed a placement of 75.4743 million shares at a price of HKD 0.180 per share, raising approximately HKD 13.52 million for general operational expenses [1] Group 1: Placement Details - The placement agreement conditions have been fully met, and the placement was completed on October 28, 2025 [1] - A total of 75.4743 million shares were successfully placed to three investors, representing approximately 16.67% of the company's enlarged issued share capital post-placement [1] Group 2: Financial Implications - The net proceeds from the placement, after deducting placement commissions and other expenses, amount to approximately HKD 13.52 million [1] - The company intends to use the proceeds for general operational funding, including employee costs, professional fees, rent, and general administrative and operational expenses [1]
中国上城完成配售7547.43万股 净筹约1352万港元