Asia
Great Wall Terroir Raises HK$18 Million from Share Placement
Great Wall Terroir Holdings (HKG:0524) completed the placing of nearly 39.4 million shares to raise net proceeds of HK$18 million, according to a Thursday filing with the Hong Kong bourse.The shares, representing roughly 16.65% of the firm's enlarged issued share capital, were issued to at least six investors at HK$0.470 apiece.The telecom and IT company will use proceeds for general working capital.
HKG:0524
