Guangdong – Hong Kong Greater Bay Area Holdings Ltd. (HK:1396) has released an update.
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Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has successfully issued and subscribed new shares under a general mandate, with the transaction completed on May 28, 2024. This move has generated a gross proceeds of approximately HK$8.9 million, with a net of about HK$8.4 million after deducting related costs. The company intends to allocate the net proceeds for its general working capital needs.
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