XtalPi Holdings (HKG:2228) seeks to raise HK$1.13 billion by placing up to 264 million shares to subscribers at HK$4.28 apiece, a Saturday Hong Kong bourse filing said.
The shares to be placed represent about 7.18% of the enlarged issued share capital of the company.
The company plans to use the net proceeds of HK$1.13 billion for improvement in the company's capabilities and for potential investment opportunities.
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