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China Uptown Group Co. Ltd. ( (HK:2330) ) has shared an update.
China Uptown Group Co. Ltd. has successfully completed the placing of 61,064,000 new shares under a general mandate, raising approximately HK$6.2 million in net proceeds. The shares were placed to six independent investors at a price of HK$0.105 per share, representing a significant portion of the company’s issued share capital. The funds raised will be used for general working capital, including staff costs, professional fees, rental payments, and other administrative expenses.
More about China Uptown Group Co. Ltd.
Average Trading Volume: 3,050,457
Technical Sentiment Signal: Sell
Current Market Cap: HK$103.5M
Learn more about 2330 stock on TipRanks’ Stock Analysis page.