Platt Nera Plans Discounted Share Placement

Platt Nera International Limited (HK:1949) has released an update.

Platt Nera International Limited has announced a placement of new shares under a general mandate, with Cheong Lee Securities Limited acting as the placing agent. The deal involves up to 80 million shares at a discounted price of HK$0.375 per share, which is expected to yield gross proceeds of HK$30 million and net proceeds of approximately HK$28.8 million. Shareholders and potential investors are advised to exercise caution as the placement is conditional and may not proceed.

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