Contel Technology completes private placement of new shares raising approximately HK128 million for debt repayment and working capital

Reuters

Oct 10

Contel Technology completes private placement of new shares raising approximately HK128 million for debt repayment and working capital

Contel Technology Co. Ltd. has announced the completion of a placing of new shares under its general mandate. The placing involved the issuance of shares representing approximately 16.67% of the company's enlarged issued share capital, raising net proceeds of around HK$12.83 million. The company plans to allocate at least HK$10.00 million from the proceeds toward repayment of group indebtedness, with the remainder to be used for general working capital. Following the placing, no placee has become a substantial shareholder, and the shareholding structure of the company has been adjusted accordingly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Contel Technology Co. Ltd. published the original content used to generate this news brief on October 10, 2025, and is solely responsible for the information contained therein.

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Ltd. published the original content used to generate this news brief on October 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01912","symbol_name":"康特隆","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251010:nNDL38hsn1:1","article_id":"2574226961","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574226961","pubTimestamp":1760091282,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Contel Technology completes private placement of new shares raising approximately HK128 million for debt repayment and working capital. 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