Placing 30,336,768 shares, representing 20% of the issued share capital, to one or more transferees at the issue price of HK $0.55 and net proceeds of HK $16.1 million. Placing agent: Jakota Securities Group Limited
The Group is principally engaged in the trading of footwear and apparel and sports-related peripheral products.
The Board will continue to adopt a prudent financial policy in managing its bank balances and cash and maintaining a strong and healthy liquidity position to ensure that the Group is able to achieve its business objectives and strategies.