TIAN CHENG HLDG offers a 4.76% discount on its placement to raise HKD 7.2 million
TIAN CHENG HLDG (02110.HK) announced the placement of up to 72 million new shares, equivalent to 16.7% of the enlarged share capital; the placement price is HKD 0.1, representing a discount of 4.76% compared to the last trading day (15th). The total amount raised is HKD 7.2 million, with a net amount of HKD 6.9 million intended for general working capital
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