lightningblackjack| New New Technology completed the placement of 157 million shares and raised approximately HK$43.6 million
New New Technology (09600) issued an announcement, placing agreementlightningblackjackAll conditions have been fulfilled and the placing was completed on May 14, 2024. Total 1lightningblackjack.57 million placing shares have been successfully placed by the placing agent to no less than six placees at a placing price of HK$0.28 per placing share in accordance with the terms and conditions of the placing agreement.
The net proceeds from the placing (after deducting placing commissions and other related expenses) are approximately HK$43.6 million and will be used to supplement the Group's general working capital.
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