China Carbon Neutral Development Group Limited (HK:1372) has released an update.
China Carbon Neutral Development Group Limited has announced the issuance of 107,160,000 new shares at a subscription price of HK$0.22 per share, under a general mandate. The shares represent 20% of the company’s existing issued share capital and about 16.67% of the enlarged share capital. Investors are advised to be cautious as the completion of these subscriptions is subject to conditions.
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