China Health Group (HK:0673) has released an update.
China Health Group Limited recently completed the placing and subscription processes, with 12,650,000 shares successfully placed and subscribed at HK$0.80 per share, raising net proceeds of approximately HK$9.8 million. These funds are earmarked for general working capital purposes. The placing involved multiple independent investors, none of whom have become substantial shareholders or connected persons of the company.
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