Aidigong Announces Discounted Share Placement

Aidigong Maternal & Child Health (HK:0286) has released an update.

Aidigong Maternal & Child Health Limited has announced a new share placement at a discounted rate, aiming to raise approximately HK$74.5 million in gross proceeds. The placement, handled by Beta International Securities Limited, will issue up to 44,350,000 shares at HK$1.68 each, primarily to repay loans and enhance working capital. Investors are cautioned as the placement’s completion is conditional upon certain terms being met.

For further insights into HK:0286 stock, check out TipRanks’ Stock Analysis page.