Chaoda Modern Agriculture Announces New Share Placement Under General Mandate

Reuters
2025.12.15 08:43
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Chaoda Modern Agriculture (Holdings) Ltd. announced a new share placement under a general mandate, with a placing price at a significant discount to net asset value and closing price. The proceeds aim to strengthen capital, support growth, and mitigate supply chain risks. The placement is on a best effort basis, subject to conditions, and may not proceed. Investors are advised to exercise caution. The announcement was made via the Hong Kong Stock Exchange's Issuer Information Service.