Elife Holdings to Raise Capital with New Share Issue

Elife Holdings Limited (HK:0223) has released an update.

Elife Holdings Limited has entered into an agreement to issue 226 million new shares to an independent third-party subscriber, aiming to raise approximately HK$27.7 million. This capital will be used for working capital replenishment and business development. The successful completion of this subscription is contingent on the approval for listing the new shares on the Stock Exchange.

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