Sundy Service Group Co. Ltd (HK:9608) has released an update.
Sundy Service Group Co. Ltd announced it has conditionally agreed to issue 640 million new shares at HK$0.198 each, raising HK$126.72 million after trading hours on May 22, 2024. This move, representing approximately 14.286% of its post-issuance share capital, aims to enhance the company’s capital without needing shareholder approval. Investors are cautioned, as the deal’s completion hinges on certain conditions being met.
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