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FINWIRES

ITC Properties Eyes HK$55 Million via Stock Offering

-- ITC Properties Group (HKG:0199) said it was seeking to raise HK$55.3 million via a stock offering, according to a Hong Kong bourse filing Wednesday.

The firm is seeking investors for 69.1 million shares priced at HK$0.8 each to raise funds to explore opportunities related to artificial intelligence and web3-related technologies.

The shares represent 6.78% of the company's issued share capital an 6.35% as enlarged by the sale.

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