TA YANG GROUP (01991) rises 74.6% after placing shares X
04/07/2025 10:47
(Infocast News)     TA YANG GROUP (01991) has agreed to allot and issue an aggregate of 28,660,000 Subscription Shares at the Subscription Price of HK$1.20 per Subscription Share. 

The 28,660,000 Subscription Shares represent 16.66% of the issued Shares of the Company as enlarged by the allotment and issue of the Subscription Shares.

The net proceeds will be approximately HK$34.39 million. The net proceeds are intended to be used as general working capital of the Group to support the Group’s further business development, including, but not limited to, its digital marketing business.

The stock has gained by 74.6% at HK$0.72. 
 (WL)



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