Datang Golden (08299.HK) completed the placement of 398 million shares, raising approximately HK$165.3 million net.

Wisdom Finance APP news, Datang Gold (08299.HK) announced that all conditions set out in the placement agreement have been met, and the completion occurred on May 27, 2026. The joint placement agents successfully placed a total of 398 million shares at a placement price of HK$0.4275 per share to at least six subscribers in accordance with the terms and conditions of the placement agreement. The total amount raised from the placement is approximately HK$170.2 million, with a net amount of approximately HK$165.3 million.