Placing 100,000,000 shares, representing 20% of the issued share capital, to one or more transferees at HK $0.049 and net proceeds of HK $4.83 million. Placing agent: CIS Securities Asset Management Limited
he Group is principally engaged in trading and manufacturing of LED lighting products.
In view of the current level of cash and bank balances of the Group and funds generated internally from operations, the Board believes that the Group will have sufficient resources to meet its financial needs for its operations.
