Imperium Technology Group Limited (HK:0776) has released an update.
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Imperium Technology Group Limited has announced the conditional placement of 62,207,200 new shares at a discounted price of HK$1.79, aiming to raise approximately HK$109.7 million in net proceeds. These funds are primarily intended for the repayment of loans and for general working capital. The success of the placement is contingent upon certain conditions being met, and shareholders are advised to trade cautiously.
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