GEM Capital Management Limited announced that it will issue 30,000,000 ordinary shares ordinary shares at a price of HKD 1 per share for gross proceeds of HKD 30,000,000 on October 31, 2022. The transaction will include participation from new investor China United Venture Investment Limited for 60% stake.
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- GEM Capital Management Limited announced that it expects to receive HKD 30 million in funding from China United Venture Investment Limited