IMAGI INT'L subsidiary issues new shares to exchange for ACESO LIFE SCI 16.67%
IMAGI INT'L (00585.HK) announced that its subsidiary Imagi Fin will issue new shares to ACESO LIFE SCI (00474.HK) at a price of HKD 177 million, with the subscriber paying for 1.476 billion consideration shares at HKD 0.12 per share. Upon completion, the subscriber will hold approximately 19.74% equity in Imagi Fin, and the company's shareholding will be diluted from 98.69% to 79.21%, while also holding 16.67% equity in the subscriber, becoming its major shareholder
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