China HK Power Smart Energy Group Limited has announced the subscription of new shares under a general mandate. The company, listed on the Hong Kong Stock Exchange, has entered into a Subscription Agreement with a Subscriber to issue new shares. The agreement outlines the subscription terms and conditions, including the subscription price. The subscription will be completed by the Long Stop Date of 10 September 2025, or another date agreed in writing by the company. The new share issue is part of the company's strategy to leverage the general mandate granted at its annual general meetings in 2023 and 2024 for share allotment and issuance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.