OKURA HOLDINGS discounted 15.88% for the placement, raising HKD 12.15 million

OKURA HOLDINGS (01655.HK) announced the placement of up to 84.98 million new shares, equivalent to an 11.8% increase in the enlarged share capital; the placement price is HKD 0.143, representing a discount of 15.88% compared to the last trading day (23rd). The total fundraising amount is HKD 12.15 million, with a net amount of HKD 10.38 million intended for the purchase of Japanese pachinko machines and Japanese slot machines; renovation or enhancement of venues with Japanese pachinko game machines and marketing expenses; and general working capital