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CMGE (00302.HK) Places Shares at Over 6% Discount, Net Proceeds HKD29.5M
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...
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CMGE (00302.HK) Places Shares at Over 6% Discount, Net Proceeds HKD29.5M
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CMGE (00302.HK)  0.000 (0.000%)   announced that it has placed a total of 123 million shares to Secure Precision under YANG Mei, Tanwan (09890.HK)  -0.170 (-1.110%)    Short selling $991.37K; Ratio 6.771%   and Shengqu Technology Korean under Century Huatong (002602.SZ)  -0.170 (-1.115%)   . 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)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.) (A Shares quote is delayed for at least 15 mins.)

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