New Silkroad Holding Group to Raise HK$137.9 Million via Share Subscription
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New Silkroad Holding Group Limited plans to raise approximately HK$137.9 million by issuing 641,518,000 new shares at HK$0.215 each through subscription agreements with six investors. This issuance, representing about 16.67% of the enlarged share capital, does not require separate shareholder approval. The largest subscriber will hold about 9.67% of the company. The company advises caution to shareholders and potential investors regarding the transaction's implications for its capital structure and funding flexibility.
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