CHONG FAI JEWEL completed the placement of 60 million shares, netting approximately HKD 8.3 million
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CHONG FAI JEWEL completed the placement of 60 million shares, raising approximately HKD 8.3 million net. The placement was completed on August 15, 2025, at a price of HKD 0.144 per share, with shares issued to no fewer than six subscribers. The funds raised will be used for the company's working capital and general corporate purposes, including employee costs, rent, and other administrative expenses, expected to be utilized by the end of 2026
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