Imperium Technology Group Limited (HK:0776) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Imperium Technology Group Limited successfully completed the placement of 62,207,200 new shares, raising approximately HK$109.7 million. The proceeds will primarily be used for loan repayment and general working capital. This move represents a significant shift in the company’s shareholding structure, now including new investors.
For further insights into HK:0776 stock, check out TipRanks’ Stock Analysis page.