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CMGE (00302.HK) Places Shares at Over 6% Discount, Net Proceeds HKD29.5M
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CMGE (00302.HK) announced that it has placed a total of 123 million shares to Secure Precision under YANG Mei, Tanwan (09890.HK) and Shengqu Technology Korean under Century Huatong (002602.SZ). The placing shares represent approximately 3.93% of the enlarged share capital. The placing price is HKD0.244 per share, representing a discount of approximately 6.15% to the closing price of HKD0.26 yesterday (20th).

The placing is expected to raise net proceeds of approximately HKD29.5 million, which will be used to fund its game publishing business. (jl/w)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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