CCIAM Future Energy Ltd. (HK:0145) has released an update.
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CCIAM Future Energy Ltd. has announced a conditional agreement to place up to 33.9 million new shares at HK$0.138 each, representing a 9.21% discount, to raise approximately HK$4.56 million for its EV charging business in Hong Kong. The placement, managed by Zhongtai International Securities, aims to increase the company’s share capital by approximately 16.67% if fully subscribed. Investors should note that the placement is contingent on market conditions and regulatory approvals.
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