EXTRAWELL PHAR plans to issue a total of 160 million shares, with net proceeds used for new business development
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EXTRAWELL PHAR announced plans to issue 160 million shares, with net proceeds to be used for new business development. The company has signed subscription agreements with three subscribers, raising a total of HKD 2.91 million, HKD 1.94 million, and HKD 10.67 million, with a subscription price of HKD 0.097 per share. The funds raised will be used to expand the trade, manufacturing, sales, and distribution of health care products, equipment, and technology in both the Chinese and overseas markets. The company expects that demand in the health care industry will continue to grow with the aging population and increasing health awareness
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