China Overseas Nuoxin International Holdings Limited (HK:0464) has released an update.
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China In-Tech Limited has announced a new share issuance, offering 60 million shares at a discounted price of HK$0.100 each, raising gross proceeds of HK$6 million. This issuance represents approximately 11.25% of the company’s existing share capital and will enhance its working capital. The deal’s completion is contingent on certain conditions, urging shareholders to exercise caution.
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