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HKG:1792

3 stories mentioning HKG:1792Updated just now

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Asia

CMON Rights Issue Gets Subscribed 7.76%

CMON (HKG:1792) said investors subscribed for 7.76% of the shares offered under its rights issue, according to a Tuesday filing on Hong Kong exchange.Investors applied for 14.41 million of the 185.76 million rights shares available, leaving 171.35 million shares, or 92.24%, for placing. The company said it received six valid applications by the Aug. 25 deadline.The unsubscribed rights shares will be subject to placing. Results of the rights issue and placing are expected on Sept. 15.

HKG:1792
Asia

CMON Terminates HK$16.5 Million Blissful Link Investments Stake Acquisition

Miniatures and board game publisher CMON (HKG:1792) said it will not proceed with the proposed acquisition of a 2.2% stake in Blissful Link Investments after the conditions precedent to completion under the agreement were not fulfilled, according to a Hong Kong bourse filing on Wednesday.The proposed acquisition, announced in April, involved the company's wholly owned subsidiary CMON Hong Kong buying 220 shares in Blissful Link Investments for about HK$16.5 million.CMON said the termination is not expected to have a material adverse effect on its business, operations or financial position.

HKG:1792
Asia

CMON Eyes HK$146.2 Million from Rights Issue

CMON (HKG:1792) is proposing a three-for-one rights share issue to raise up to around HK$146.2 million in net proceeds, according to a Thursday Hong Kong bourse filing.The tabletop games maker is looking to issue 185.8 million shares at HK$0.81 apiece to qualifying shareholders under the issue.The company will use proceeds for debt repayment, business expansion, and for general working capital.

HKG:1792

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