XtalPi Holdings Completes HK$2,629.8 Million Private Placement of New Shares Under General Mandate
XtalPi Holdings Limited completed a private placement of new shares under a general mandate, issuing shares at HK$9.28 per share to at least six placees. The placement represents approximately 6.64% of the company's enlarged issued share capital, generating gross proceeds of HK$2,653.3 million and net proceeds of HK$2,629.8 million. The company intends to use the funds for business development, market expansion, and investment opportunities, with potential short-term investment of unused proceeds.
Reuters · 09/04 09:32