MOG Digitech to Boost Capital Through New Share Subscription

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

MOG Digitech Holdings Limited has announced a new share subscription agreement, set to raise approximately HK$210 million. The funds will be used to bolster the company’s financing services and money lending businesses, as well as for general corporate purposes and potential strategic investments. The subscription represents a significant expansion of the company’s share capital, pending approval at an upcoming extraordinary general meeting.

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