MOG DIGITECH Announces Major Share Placement

MOG Holdings Limited (HK:1942) has released an update.

MOG DIGITECH HOLDINGS LIMITED has announced a new share placement deal brokered by Valuable Capital Limited, aiming to place up to 155,230,000 new shares at HK$0.88 each, which could potentially raise gross proceeds of approximately HK$136.60 million. This placement would dilute current shares by about 20%, and the deal is subject to certain conditions that must be met before completion. Shareholders and potential investors are advised to be cautious when trading shares during this period.

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