STERLING GP premium of 7.53% for the placement, raising HKD 6.91 million
STERLING GP (01825.HK) announced the placement of up to 69.12 million new shares, equivalent to 16.7% of the enlarged share capital; the placement price is HKD 0.1, representing a premium of 7.53% over today's (29th) closing price. The total amount raised is HKD 6.91 million, with a net amount of HKD 6.77 million intended for general working capital
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