China Overseas Nuoxin International Holdings Limited (HK:0464) has released an update.
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China Overseas Nuoxin International Holdings Limited has successfully completed the issuance of 60 million new shares, raising HK$6 million. This move, executed under a general mandate, results in a notable shift in the company’s shareholding structure, with the subscriber becoming a substantial shareholder. The new funds are expected to be utilized as previously outlined by the company.
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