SYNERTONE offers a rights issue at CNY 0.135 per share to raise CNY 120 million
SYNERTONE (01613.HK) announced a proposed rights issue of 897 million shares; the subscription price is HKD 0.135, a discount of 35.71% compared to today's (15th) closing price. The maximum fundraising amount is HKD 121 million, with a net amount of HKD 119 million intended for expanding the group's control systems and building intelligence business; and for general working capital
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