Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
XIAOMI-W Intends to Raise HKD42.5B Net Proceeds by Top-up Placing at 6.6% Discount
Recommend 43 Positive 78 Negative 87 |
||||
|
||||
|
XIAOMI-W (01810.HK) announced a top-up placing of 800 million shares of the company, representing approximately 3.1% of the enlarged share capital (about 1.2% of voting rights), at a price of HKD53.25 per share. The price reflects a discount of approximately 6.6% from the closing price of HKD57 on the previous trading day (24th). The net proceeds from the placing approximated HKD42.5 billion, intended for the acceleration of its business expansion; investments in research and development to further advance its technological capabilities; and other general corporate purposes. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
