HKG:1920

2 stories mentioning HKG:1920Updated 54d ago

Every FINWIRES story that references HKG:1920, newest first.

Junwea Group Eyes HK$32 Million from Share Placement; Shares Surge 30%

Junwea Group (China) (HKG:1920) agreed to place up to 74.9 million shares to raise net proceeds of HK$32 million, according to a Monday Hong Kong bourse filing.Shares of the construction company were up 30% in Tuesday afternoon trading.The shares, representing around 12.74% of the company's enlarged issued share capital, will be placed to at least six investors at HK$0.434 apiece.The company intends to use proceeds for the potential award of new wet-trade projects and working capital.

HKG:1920

Asia117d ago

China Wacan Completes HK$44 Million Share Subscription

China Wacan (HKG:1920) completed the subscription of 112.3 million new shares under a specific mandate, according to a Tuesday Hong Kong bourse filing.The shares were issued at HK$0.3965 each, raising about HK$44.5 million.The shares represent about 23.1% of the company's enlarged issued share capital.China Alliance Venture Technology, wholly owned by Chairman Zhou Zhenlin, increased its stake to about 64% from 53.2% following completion.Net proceeds will be used for working capital and to support the expansion of the company's beauty and healthcare business.

HKG:1920

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