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Zhong Ji Longevity Science Group Announces New Share Subscription to Bolster Operations

Story Highlights
  • Zhong Ji Longevity Science Group will issue 90,124,751 new shares at HK$0.34 each.
  • Proceeds will support longevity science operations and cover legal fees and working capital.
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Zhong Ji Longevity Science Group Announces New Share Subscription to Bolster Operations

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Zhong Ji Longevity Science Group Limited ( (HK:0767) ) has issued an announcement.

Zhong Ji Longevity Science Group Limited announced a new share subscription agreement to issue 90,124,751 shares at HK$0.34 each, representing 16.49% of its existing share capital. The proceeds, totaling approximately HK$30.44 million after expenses, will be used to support its longevity science business in Hong Kong and Shenzhen, cover legal fees for recovering loans, and for general working capital, potentially enhancing its market position and operational capabilities.

More about Zhong Ji Longevity Science Group Limited

Zhong Ji Longevity Science Group Limited operates in the longevity science industry, focusing on products and services that promote extended healthy living. The company is involved in longevity science business operations in Hong Kong and Shenzhen, and also engages in money lending and financial advisory services.

Average Trading Volume: 891,383

Technical Sentiment Signal: Hold

Current Market Cap: HK$213.1M

Learn more about 0767 stock on TipRanks’ Stock Analysis page.

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