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China In-Tech to Raise HK$10 Million From Share Issue
China's Consumer Spending Program Saw Over 100 Million Home Appliances Being Sold
Chen Huiru reduced her shareholding in CHINA IN-TECH (00464) by 5.316 million shares at a price of 0.219 Hong Kong dollars per share.
The latest number of shares held after Shareholding is 40.212 million shares, with the latest shareholding ratio at 6.78%.
CHINA IN-TECH (00464.HK) plans to establish a joint venture to expand its cloud services Business.
On March 25, GLONGY announced that CHINA IN-TECH (00464.HK) issued a notice stating that the company is in discussions with a potential business partner engaged in Technology business ('Joint Venture Partner') about possibly establishing a joint venture to develop cloud services and seize business opportunities in the digital economy. The Board of Directors believes that once the joint venture is established, it will help the group further diversify its Business and bring better returns for the company and its Shareholders.
CHINA IN-TECH (00464): The placement agreement has expired and the placement will not take place.
CHINA IN-TECH (00464) issued an announcement, as of the date of this announcement, the company has not received any joint placement agents...
CHINA IN-TECH (00464.HK): Delay in completing the general authorization for the placement of new shares.
On March 3, GLG announced that CHINA IN-TECH (00464.HK) released a notice regarding the placement of 46 million shares at a price of 0.225 Hong Kong dollars per share under a general authorization. On February 28, 2025, the company received written notification from the joint placement agents that additional time is needed to complete the matters, and the completion will be delayed until March 7, 2025, or earlier (or to a later date as may be agreed upon by the company and the joint placement agents).