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ACESO LIFE SCI (00474.HK) Issues New Shares to Increase Stake in IMAGI INT'L (00585.HK) Subsidiary IFGL, Involving HKD167M
ACESO LIFE SCI (00474.HK) announced that it has subscribed for a total of 2,102 shares in IFGL, a subsidiary of IMAGI INT'L (00585.HK), at a total consideration of HKD167 million. ...
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ACESO LIFE SCI (00474.HK) Issues New Shares to Increase Stake in IMAGI INT'L (00585.HK) Subsidiary IFGL, Involving HKD167M
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ACESO LIFE SCI (00474.HK)  +0.006 (+5.263%)   announced that it has subscribed for a total of 2,102 shares in IFGL, a subsidiary of IMAGI INT'L (00585.HK)  +0.130 (+4.869%)   , at a total consideration of HKD167 million. The consideration will be satisfied by the issuance of 1.349 billion consideration shares at an issue price of HKD0.12, equivalent to today's (4th) closing price.

Upon completion, the Company's shareholding in IFGL will increase from the current 19.74% to 30.70%. IFGL is principally engaged in the provision of integrated financial services. IFGL's shareholding in the Company will rise from 16.67% to 28%. IMAGI INT'L's stake in IFGL will be diluted from 79.21% to 68.39%. (de/d)(HK stocks quote is delayed for at least 15 mins.)



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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