Brief: Hybrid Kinetic Group Announces Subscription Of New Shares
26/09/2022 07:05
Sept 26 (Reuters) - Hybrid Kinetic Group Ltd 1188.HK :
* SUBSCRIPTION OF NEW SHARES
* ON 20 SEPT, CONDITIONALLY AGREED TO ALLOT AND ISSUE 2
BILLION
SUBSCRIPTION SHARES
* ISSUE PRICE OF HK$0.10 PER SHARE
* PROCEEDS INTENDED TO BE USED FOR SETTLEMENT OF PROMISSORY
NOTES
TO BE ISSUED BY CO UNDER ACQUISITION OF BEST KNOB INTERNATIONAL
Further company coverage: 1188.HK
((Reuters.Briefs@thomsonreuters.com;))
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