Core Viewpoint - The company, High Land Holdings (01676), has successfully completed a placement of shares, raising approximately HKD 20.38 million, with plans for fund allocation across its food and restaurant businesses as well as general operational expenses [1] Group 1: Share Placement Details - The placement involved a total of 39.184 million shares, representing about 15.16% of the company's enlarged issued share capital post-placement [1] - The shares were successfully placed at a price of HKD 0.52 per share to no fewer than six subscribers [1] Group 2: Fund Utilization - The total proceeds from the placement amount to approximately HKD 20.38 million, with a net amount of around HKD 20 million after deducting placement commissions and related expenses [1] - The intended use of the funds includes approximately 50% for the company's existing food business, about 30% for the restaurant business, and 20% for general operational funding, to be fully utilized by December 2026 [1]
高地股份(01676)完成配售合共3918.4万股 净筹约2000万港元