Honye Financial Services Ltd (GB:HOYE) has released an update.
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Honye Financial Services Ltd has announced a strategic investment deal with Asian financier Mr. Abdullah Alnuwaysir, who will inject £1.5 million into the company at £0.405 per share, acquiring 3,700,703 new shares. This investment, which is part of a long-term partnership, includes plans to issue 1,500,000 warrants post-reverse takeover transaction (RTO) and a £500,000 loan to Zoyo to speed up the development of its securities broking platform. The company is confident that this infusion of funds will significantly strengthen its financial position and accelerate the RTO process.
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