Wuxi Life International Announces Private Placement of 76.36 Million New Shares at HK$0.59 Each
Reuters
Aug 29
Wuxi Life International Announces Private Placement of 76.36 Million New Shares at HK$0.59 Each
Wuxi Life International Holdings Group Limited, a company incorporated in the Cayman Islands and listed on the GEM of the Stock Exchange of Hong Kong, has announced a private placement of new shares under a general mandate. The Company plans to place up to 76,358,400 new shares at a price of HK$0.59 per share. The completion of the placement will occur within three business days after all conditions outlined in the Placing Agreement are satisfied. The proceeds from this placement are intended to support the Company's growth initiatives and strengthen its capital base.
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