SY Holdings Group Ltd. Announces HK$600 Million Private Placement to Boost R&D and Enhance 'SY Cloud Platform'
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Sy Holdings Group Ltd. has announced a HK$600 million private placement of new shares to enhance its R&D efforts, particularly for the intelligent upgrade of its 'SY Cloud Platform' and AI development. The funds will also support general working capital. The company is applying for listing on the Stock Exchange as part of its strategy to strengthen its digital intelligence technology and expand into emerging industries like e-commerce and robotics.
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