Minshang Creative Technology to Issue New Shares

Minshang Creative Technology Holdings Limited (HK:1632) has released an update.

Minshang Creative Technology Holdings Limited has agreed to issue 60 million new shares at HK$0.5 each, representing about 6.72% of its existing share capital, to two subscribers under a general mandate. This move could potentially increase the company’s capital base by approximately 6.29%, although completion is contingent on certain conditions. Investors are advised to exercise caution as the transaction may not proceed.

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