Litian Pictures Corrects Discount Figures in Share Placing Disclosure

Litian Pictures Holdings Limited ( (HK:9958) ) just unveiled an announcement.

Litian Pictures Holdings Limited issued a clarification regarding its earlier announcement about a placing of new shares under a general mandate. The company corrected typographical errors in the stated discounts to the closing and average closing share prices, while confirming that all other details of the placing remain unchanged.

The discount to the closing price per share has been revised from approximately 15% to 14.75%, and the discount to the average closing price has been adjusted from approximately 16.82% to 16.58%. These minor numerical corrections help ensure accurate disclosure for investors evaluating the pricing of the new share placement and do not alter the substantive terms of the capital-raising exercise.

More about Litian Pictures Holdings Limited

Litian Pictures Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange. The group operates in the media and entertainment sector, focusing on film and related content production, and targets investors in the Hong Kong capital market through its listed equity securities.

Average Trading Volume: 13,850,286

Technical Sentiment Signal: Sell

Current Market Cap: HK$79.06M

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