GHW International (HK:9933) has released an update.
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GHW International has successfully completed the placement of 9.5 million new shares, raising approximately HK$24.3 million for general working capital. The placement, representing 0.94% of the company’s enlarged share capital, was conducted at HK$2.6 per share to independent third-party investors. This strategic move is aimed at bolstering the company’s financial position without significantly altering its existing shareholder structure.
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