China Ruyi Holdings Limited (HK:0136) has released an update.
China Ruyi Holdings Limited announces the successful completion of its share subscription agreements, having raised a total of HK$4 billion through the issuance of 2.5 billion new shares at HK$1.60 each. The capital raised will be allocated as detailed in the company’s prior circular. This strategic move alters the company’s shareholding structure, redistributing the percentages held among directors, substantial shareholders, and public shareholders.
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