Lingbao Gold Group Raises HK$229 Million Through Placement

MT Newswires Live

2025/03/19

Lingbao Gold Group (HKG:3330) raised HK$228.8 million by placing 43.5 million shares at HK$5.38 each to at least six investors, according to a Tuesday filing with the Hong Kong bourse.

The issued shares represent 3.38% of the company's enlarged share capital.

The company plans to use the proceeds for merger and acquisition opportunities.

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