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TIME INTERCON Announces ~15% Discounted Shr Placement to Net HKD1.64B
TIME INTERCON (01729.HK) announced the placement of 108 million new shares (around 5.16% of the enlarged share capital) at a price of HKD15.22 per share, about a 14.97% discount to...
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TIME INTERCON Announces ~15% Discounted Shr Placement to Net HKD1.64B
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TIME INTERCON (01729.HK)  -1.290 (-7.919%)    Short selling $93.94M; Ratio 58.036%   announced the placement of 108 million new shares (around 5.16% of the enlarged share capital) at a price of HKD15.22 per share, about a 14.97% discount to yesterday's (9th) closing price of HKD17.9.

The placement is expected to raise net proceeds of around HKD1.635 billion, with about 50% intended for supporting strategic investments and acquisitions.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

Related NewsWui Ju Technology (01729.HK) Annual Net Profit Increases by 68.8% to HKD784 Million, Final Dividend of HKD0.024

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