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HKG:1869

4 stories mentioning HKG:1869Updated just now

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Asia

Kafelaku Coffee Further Upsizes Private Placement to HK$13.2 Million

Kafelaku Coffee Holding (HKG:1869) has further revised the terms of its private placement, raising the targeted proceeds to about HK$13.2 million from HK$11.6 million, according to a Wednesday Hong Kong bourse filing.The company will now place shares at HK$0.047 each, up from HK$0.041 under the previous terms. The specialty coffee chain also extended the closing date to Oct. 14 from Sept. 23.Shares of the company fell nearly 2% in Thursday's trade.

HKG:1869
Asia

Kafelaku Coffee Upsizes Private Placement to HK$11.6 Million

Kafelaku Coffee Holding (HKG:1869) has revised the terms for its private placement offering to raise HK$11.6 million, up from HK$11 million, according to a Wednesday bourse filing.The specialty coffee chain said it will now offer 282.1 million shares at HK$0.041 apiece, up from HK$0.039. The new offer price represents an 18% discount to the stock's last closing price.Kafelaku also extended the offering closing date to Sept. 23 from Sept. 2.Shares of the company are down 4% in open market trading on the HKEX.

HKG:1869
Asia

Kafelaku Coffee to Raise HK$11 Million via Share Placement; Shares Jump 15%

Kafelaku Coffee (HKG:1869) expects to raise about HK$10.8 million in net proceeds through a placing of new shares, according to a Wednesday Hong Kong bourse filing.The company will place up to 282.1 million new shares at HK$0.039 each, a 17.02% discount to the last closing price of HK$0.047.The shares represent about 16.7% of its existing issued share capital.Net proceeds will be used for business operations and general working capital, including staff costs, office rental, and administrative and operating expenses.Shares of the coffee chain operator surged 15% in recent trade.

HKG:1869
Asia

Kafelaku Coffee Seeks HK$21.4 Million Via Stock Offering

Kafelaku Coffee (HKG:1869) said it was looking to raise HK$21.4 million via a stock offering, according to a Tuesday filing with the hong Kong bourse.The company is seeking buyers for around 282.1 million shares priced at HK$0.076 each to raise funds to repay debt and reduce liabilities.The shares represent 20% of the company's issued share capital and 16.7% as enlarged by the offering.Shares of the coffee chain operator surged 34% in recent trade.

HKG:1869

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