Diwang Industrial Holdings Limited (HK:1950) has released an update.
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Diwang Industrial Holdings Limited has announced the usage of approximately 97% of the net proceeds from their recent rights issue, totaling HK$278 million. The remaining funds, amounting to HK$8.55 million, are earmarked for the development of Chinese liquor business operations, with an updated timeline extending the utilization period until the end of 2024.
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