Graphex Group Limited (HK:6128) has released an update.
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Graphex Group Limited has successfully completed the placement of 185.48 million new shares, raising approximately HK$11.97 million. These shares, sold at HK$0.066 each, represent about 15.81% of the company’s enlarged share capital. The funds will be used for graphene business development, debt repayment, and general working capital.
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