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Completes Placement of 138 Million New Shares Under General Mandate","url":"https://stock-news.laohu8.com/highlight/detail?id=2540777234","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540777234?lang=en_us&edition=fundamental","pubTime":"2025-06-03 21:29","pubTimestamp":1748957356,"startTime":"0","endTime":"0","summary":"Vobile Group Ltd., a company incorporated in the Cayman Islands, has successfully completed the placement of 138,000,000 new shares under a general mandate. This placement was coordinated by a sole overall coordinator and placing agent. The issuance has resulted in a change to the company's shareholding structure, with the new shares accounting for approximately 5.63% of the issued share capital. Key shareholders, including Mr. Yangbin Bernard Wang, the company's Chairman, and other directors, maintain significant stakes in the company. The completion of this share placement is expected to support the company's strategic initiatives and business activities.Disclaimer: This news brief was created by Public Technologies  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. 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10:01","pubTimestamp":1748311300,"startTime":"0","endTime":"0","summary":"BUZZ-HK-listed Vobile drops most in 7 weeks on discounted share sale** Shares of Chinese software service provider Vobile Group 3738.HK drop 19.9% to HK$3.34, on course for their biggest one-day decline since April 7** Stock hit the lowest since May 16; top loser on the Hong Kong bourse** Vobile plans to sell 138 million new shares to third-party investors in share placement, raising HK$522 mln  for developing artificial intelligence generated content related business, to repay borrowings, and for working capital** The new shares will be issued at HK$3.78 apiece, a 9.4% discount to Monday's close of HK$4.17 each** Hang Seng Tech Index .HSTECH slips 0.2% while Hang Seng Index .HSI gains 0.2%   ** YTD, stock down 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Shares May 27 (Reuters) - Vobile Group Ltd 3738.HK:PLACING OF 138 MILLION SHARES AT HK$3.78 PER SHAREFurther company coverage: 3738.HK ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250527:nFWN3RY0SF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1518","BK1109","03738"],"gpt_icon":0}],"pageSize":4,"totalPage":8,"pageCount":1,"totalSize":30,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/fundamental/corporate_actions/details/03738\",params:#limit:5,,,undefined,":[{"date":"2025-03-28","symbol":"03738","type":"earning","reportTimeType":"post","market":"HK","fiscalQuarterEnding":null,"expectedEps":null,"defaultRemindTime":1743125400000,"name":null,"time":"Post 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