Mediwelcome Healthcare Management & Technology Inc., a company incorporated in the Cayman Islands, has announced a private placement of new shares under a general mandate. The company, listed on the Stock Exchange of Hong Kong, plans to issue up to 40,000,000 new shares, which is expected to generate gross proceeds of approximately HK$16 million. The net proceeds, after deducting placement commission and related expenses, will support the company's ongoing investment in medical conference services, patient education, screening services, and marketing strategy consulting. Additionally, Mediwelcome aims to enhance its offerings in CRO services and internet hospital services. The placement will not require additional shareholder approval due to the existing general mandate.
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