Legend Holdings Corporation Class H (HK:3396) has released an update.
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Legend Holdings Corporation has announced further details on Lenovo’s proposed issuance of 1,150,000,000 warrants at HK$1.43 each, as part of their Strategic Business Transactions. An agreement has been reached with an initial subscriber for 220,000,000 warrants, with provisions for additional subscriptions up to 330,000,000 warrants if necessary. Shareholders and potential investors are cautioned to seek professional advice due to the substantial nature of the transaction.
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