LAOPU GOLD plans to place approximately 3.7118 million new H shares at a discount of about 4.50%, netting approximately HKD 2.707 billion
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LAOPU GOLD plans to place 3.7118 million new H shares at a price of HKD 732.49 per share, representing a discount of approximately 4.50%. This placement will raise approximately HKD 2.707 billion, with the funds allocated as follows: 70% for inventory reserves, 10% for store expansion and optimization, and 20% for replenishing working capital and general corporate purposes. The placed shares account for approximately 2.66% of the issued H shares and 2.15% of the total shares
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