China Fortune Holdings Limited (HK:0110) has released an update.
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China Fortune Holdings Limited has successfully completed the issuance of 26 million new shares under its general mandate, resulting in a 10.94% expansion of its issued share capital. The shares were sold at HK$0.26 each, raising net proceeds of approximately HK$6.72 million, which will be used as general working capital for the group. This move has slightly diluted the previous shareholdings, with notable changes in the ownership percentages post-completion.
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