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GW TERROIR (00524.HK): Net Proceeds of HKD18.01 million from Placing to Be Used as General Working Capital by Oct 2027
GW TERROIR (00524.HK) announced that the net proceeds of approximately HKD18.01 million from the placing will be used as general working capital of the Group by October 2027 or bef...
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GW TERROIR (00524.HK): Net Proceeds of HKD18.01 million from Placing to Be Used as General Working Capital by Oct 2027
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GW TERROIR (00524.HK)  +0.060 (+4.255%)   announced that the net proceeds of approximately HKD18.01 million from the placing will be used as general working capital of the Group by October 2027 or before. Of which, approximately HKD12 million will be used for salary and rental expenses; approximately HKD2.9 million for professional fees including legal advisory, auditing and company secretarial services; approximately HKD1 million for debt repayment; and approximately HKD2.11 million for operating and other administrative expenses, including listing fees, registrar service fees, financial printing, insurance, annual corporate fees and utilities.

The unutilized net proceeds from the placing will be temporarily deposited with licensed commercial banks in Hong Kong as short-term deposits. (hc/da)(HK stocks quote is delayed for at least 15 mins.)

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