Asia
Champion Technology Plans HK$14.7 Million Share Placement; Shares Plummet 10%
Champion Technology (HKG:0092) plans to raise about HK$14.7 million through a placement of up to 84.0 million shares at HK$0.177 each, to at least six placees, according to a Hong Kong bourse filing.The company will use the proceeds for its existing green energy business and for general working capital.Shares of the technology solutions company fell nearly 10% in recent trade.
HKG:0092
