Brief: Li Bao GE Says Will Place Up To 200 Million New Shares To Not Less Than Six Placees

Kafelaku Coffee Holding

22/11/2022 14:54

Nov 22 (Reuters) - Li Bao Ge Group Ltd  1869.HK :
    * CONDITIONALLY AGREED TO PLACE UP TO 200 MILLION NEW SHARES
TO
NOT LESS THAN SIX PLACEES AT A PRICE OF HK$0.204 PER SHARE
    * NET PROCEEDS INTENDED TO BE USED FOR REPLENISHING WORKING
CAPITAL OF GROUP & DEVELOPING GROUP'S BUSINESSES IN HONG KONG &
CHINA

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Further company coverage:  1869.HK 
 ((Reuters.Briefs@thomsonreuters.com;))