RIVERINE CHINA (01417) completes placement of a total of 33 million placement shares, raising net proceeds of approximately HK$130 million

date
18:07 21/10/2026
avatar
GMT Eight
RIVERINE CHINA (01417) announced that all conditions precedent to the placing have been fulfilled, and the placing was completed on October 21, 2026. The placing agent has successfully placed a total of 33 million placing shares at the placing price of HK$4.00 per placing share to not fewer than six placees.
RIVERINE CHINA (01417) announced that all conditions precedent to the placing have been fulfilled, and the placing was completed on October 21, 2026. The placing agent has successfully placed a total of 33 million placing shares at the placing price of HK$4.00 per placing share to not less than six placees. The net proceeds from the placing (after deducting the placing commission and other related expenses in connection with the placing, including professional fees) are approximately HK$130 million, which will be used for the purposes disclosed in the announcement.