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China In-Tech to Raise HK$10 Million From Share Issue
CHINA IN-TECH (00464.HK) intends to issue a total of 46 million shares at a discount of approximately 18.52% to raise about 10 million Hong Kong dollars.
On April 14, Gelonghui announced that CHINA IN-TECH (00464.HK) issued a statement indicating that on April 14, 2025, the company (as the issuer) entered into six subscription agreements with six subscribers. According to the agreements, the subscribers conditionally agreed to subscribe, and the company conditionally agreed to issue a total of 46 million subscription shares at a subscription price of HKD 0.22 per share (approximately 18.52% discount compared to the closing price of HKD 0.27 per share on the date of the subscription agreement). The subscription shares account for approximately 7.76% of the existing issued shares as of the date of this announcement; and the expanded issued share capital will increase by approximately 7.2%. The subscription share
Express News | China in-Tech - to Allot and Issue 46 Mln Subscription Shares in Aggregate at Subscription Price HK$0.22 per Subscription Share
China's Consumer Spending Program Saw Over 100 Million Home Appliances Being Sold
What China In-Tech Limited's (HKG:464) 27% Share Price Gain Is Not Telling You
CHINA IN-TECH (00464.HK) plans to establish a joint venture to expand its cloud services Business.
On March 25, GLONGY announced that CHINA IN-TECH (00464.HK) issued a notice stating that the company is in discussions with a potential business partner engaged in Technology business ('Joint Venture Partner') about possibly establishing a joint venture to develop cloud services and seize business opportunities in the digital economy. The Board of Directors believes that once the joint venture is established, it will help the group further diversify its Business and bring better returns for the company and its Shareholders.
China In-Tech Limited (HKG:464) May Have Run Too Fast Too Soon With Recent 37% Price Plummet
