--- title: "ASIA STRAT TECH offers a discounted 18.18% placement, raising a net amount of 8.7 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/277647140.md" description: "ASIA STRAT TECH announced a placement of up to 5 million new shares, equivalent to 1.2% of the enlarged share capital; the placement price is HKD 1.8, representing an 18.18% discount to today's (3rd) closing price. The total amount raised is HKD 9 million, with a net amount of HKD 8.7 million intended for the development of new businesses and general working capital" datetime: "2026-03-03T15:30:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277647140.md) - [en](https://longbridge.com/en/news/277647140.md) - [zh-HK](https://longbridge.com/zh-HK/news/277647140.md) --- # ASIA STRAT TECH offers a discounted 18.18% placement, raising a net amount of 8.7 million yuan ASIA STRAT TECH (01027.HK) announced the placement of up to 5 million new shares, equivalent to 1.2% of the enlarged share capital; the placement price is HKD 1.8, representing an 18.18% discount to today's (3rd) closing price. The total amount raised is HKD 9 million, with a net amount of HKD 8.7 million intended for the development of new businesses and general working capital ### Related Stocks - [01027.HK](https://longbridge.com/en/quote/01027.HK.md) ## Related News & Research - [Asia Strategy Digit Technology Holdings FY 2025 H1 Loss Challenges Recent Profitability Narrative](https://longbridge.com/en/news/280832516.md) - [Asia Strategy Digit Unveils Funding Plan for New AI-Driven Voice Solutions Business](https://longbridge.com/en/news/279932129.md) - [Former Fed president Gary Stern: Fed should not try to be heroic and stay in wait and see mode](https://longbridge.com/en/news/282873414.md) - [Kongsberg Maritime Submits Euronext Oslo Børs Listing Application](https://longbridge.com/en/news/282500498.md) - [Cloud-smart strategy helps Interactive meet GenAI demands](https://longbridge.com/en/news/282761869.md)