HKG:2490

3 stories mentioning HKG:2490Updated just now

Every FINWIRES story that references HKG:2490, newest first.

LC Logistics Nets HK$137.5 Million via Share Placement

LC Logistics (HKG:2490) completed the placement of 42.2 million new shares at HK$3.30 apiece, raising net proceeds of about HK$137.5 million, according to a Monday Hong Kong bourse filing.The company said about HK$123.8 million of the proceeds will be used for potential acquisitions, including minority investments in financial-sector companies and acquisitions of logistics-related businesses with operational synergies.The remaining will be used for general working capital.

HKG:2490

Asia11d ago

LC Logistics Turns to Equity Markets For HK$139 Million Capital Raise; Shares Surge 19%

LC Logistics (HKG:2490) said it was looking to raise HK$139.1 million via a stock offering, according to a Friday filing with the Hong Kong bourse.The firm is seeking investors for 42.2 million shares priced at HK$3.30 each to raise funds for potential acquisitions.The shares represent 7.36% of the company's issued share capital, and 6.86% as enlarged by the offering.LC Logistics' shares jumped nearly 19% in recent trade.

HKG:2490

Asia18d ago

LC Logistics Unit Enters Bareboat Charter to Lease Vessel; Shares Surge 6%

LC Logistics (HKG:2490) unit BAL Athena Shipping entered into a bareboat charter to lease a vessel from Tianjin Green Ocean-V Leasing for 120 months, with a requirement to buy it at the end of the period, according to a Wednesday filing with the Hong Kong bourse.Shares of the logistics company were up over 6% in Thursday afternoon trading.At the same time, another unit Bal Container Line agreed to assign the shipbuilding agreement for the 14,000 TEU container vessel to Tianjin Green Ocean-V Leasing, with the consideration comprising the third and fourth installments.LC Logistics will be the standby charterer under the deal.

HKG:2490

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