MPCSH plans to raise no more than 532 million yuan through a private placement to its controlling shareholder
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According to the Zhitong Finance APP, MPCSH has announced a plan to issue A-shares to specific targets, with the issuer being the company's controlling shareholder, Maoming Port, which will subscribe to the shares in cash in RMB. The total amount of funds raised from this specific issuance will not exceed RMB 532 million (including the principal), and after deducting relevant issuance costs, all funds will be used to replenish working capital
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