Group 1 - The company, China Technology Group (01725.HK), announced the signing of subscription and placement agreements with two subscribers and placement agent, Ding Shi Securities [1] - The company plans to issue approximately 161 million new shares at a price of HKD 0.56 per share, which represents a 20% discount compared to the last trading day's closing price of HKD 0.70 [1] - The total funds raised from the subscription and placement are expected to be approximately HKD 141 million, with a net amount of about HKD 138 million after deducting related expenses [1] Group 2 - Approximately HKD 90.2 million (65.31%) of the net proceeds will be used to repay shareholder loans, while the remaining HKD 47.9 million (34.69%) will be allocated for general working capital of the group [1]
中国技术集团(01725.HK)拟折价两成增发2.51亿股 总筹1.41亿港元用于还债及营运