
Jiangsu Horizon Chain Supermarket Announces New H Share Placement

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Jiangsu Horizon Chain Supermarket Company Limited (HK:2625) has announced a new share placement agreement to issue up to 21,424,691 new H Shares, which is 10% of its current issued share capital. This strategic move aims to raise capital and strengthen its market position, although completion is subject to certain conditions. The company operates in the retail industry, focusing on supermarket chains, and currently has a market cap of HK$732.7M.
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