Kingkey Financial International Expands with Subscription of Additional Shares in Amber International
Reuters
Jul 07
Kingkey Financial International Expands with Subscription of Additional Shares in Amber International
Kingkey Financial International (Holdings) Ltd. has announced the successful completion of a significant expansion initiative through the subscription of 5,741,575 Class A Ordinary Shares in Amber International Holding Limited. This strategic move, finalized following the fulfillment of all conditions precedent in the Subscription Agreement, positions Kingkey Financial to hold approximately 1.226% of Amber International's issued share capital. The transaction marks a key step in Kingkey Financial's growth strategy, although Amber's financial results will not be consolidated into Kingkey's accounts. The announcement underscores Kingkey Financial's ongoing efforts to broaden its investment portfolio and enhance its market presence.
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