Dingyi Group Investment Limited (HK:0508) has released an update.
Dingyi Group Investment Limited has announced a conditional agreement to place up to 115 million new shares at a discounted price of HK$0.47 each, aiming to raise approximately HK$54.1 million before expenses. The proceeds are intended for general working capital and potential investment opportunities. Additionally, the company has terminated previous subscription agreements, clearing the way for this new placement which is still subject to Stock Exchange approvals.
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