
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

