PANGAEA CONNECT plans to place up to 199 million shares at a discount of approximately 17.1%, netting about HKD 35.3 million, and will resume trading on July 24

Zhitong
2025.07.23 14:56
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PANGAEA CONNECT plans to place up to 199 million shares at a price of HKD 0.180 per share, representing a discount of approximately 17.1%. This placement will raise approximately HKD 35.8 million, with a net amount of about HKD 35.3 million, primarily for opportunities related to AI technology and general working capital. The company has applied to resume trading of its shares on July 24, 2025