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Large modern afternoon trading suspension of the proposed discount to raise 200 million U.S. dollars

Source: Internet
Author: User
Keywords Hong Kong dollar modern agriculture
Tags business company discount operating operations stock
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The Super Modern (00682-HK) business was suspended in the afternoon, before the suspension rose 1.33%, reported 5.35 Hong Kong dollars, a deal of HK $20.3474 million. The company intends to raise 200 million US dollars by issuing 337 million new shares, at a price of HK $4.60 per share, and a deep discount of 5.35 Hong Kong dollars in midday trading to 14%.　　At the end of April, the super modern agriculture had abandoned a stock placement scheme, and in February it had raised 391 million Hong Kong dollars by placing a new post in the old one. The company said the proceeds from February would be used to expand operations (such as acquiring farmland) and as a general operating fund.

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