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Chaoda Modern Agriculture Completes HK$7.19 Million Share Placement Under General Mandate

Story Highlights
  • Chaoda Modern Agriculture placed 32.95 million new shares, or 16.67% of enlarged capital.
  • The HK$7.19 million net proceeds broaden the shareholder base and dilute existing stakes modestly.
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Chaoda Modern Agriculture Completes HK$7.19 Million Share Placement Under General Mandate

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Chaoda Modern Agriculture Holdings ( (HK:0682) ) has issued an announcement.

Chaoda Modern Agriculture has completed a placing of 32.95 million new shares under its general mandate, representing about 16.67% of its enlarged share capital, at HK$0.225 per share to at least six independent placees. The issuance, which closed on 19 December 2025 after all conditions under the placing agreement were fulfilled, raised net proceeds of approximately HK$7.19 million for uses previously disclosed by the company and resulted in the introduction of new institutional or professional investors, increasing total share capital to 197.73 million shares and diluting existing holdings, including the stake of controlling shareholder Kailey Investment Ltd., thereby modestly broadening the company’s shareholder base and potentially enhancing its financial flexibility.

More about Chaoda Modern Agriculture Holdings

Chaoda Modern Agriculture (Holdings) Limited is a Hong Kong-listed agricultural company focused on modern farming operations in China. The group is involved in the cultivation and sale of agricultural produce, with its shares traded on the Main Board of the Stock Exchange of Hong Kong, and has a shareholder base comprising a controlling shareholder entity, management, and a broad public float.

Average Trading Volume: 223,198

Technical Sentiment Signal: Sell

Current Market Cap: HK$49.43M

See more insights into 0682 stock on TipRanks’ Stock Analysis page.

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