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Jiangsu Lopal Tech Announces Major Equity Transaction
Jiangsu Lopal Tech (02465.HK)'s subsidiary LBM New Energy (AP) Pte plans to increase its capital and introduce investors.
On December 20, Glonghui announced that Jiangsu Lopal Tech (02465.HK) entered into a subscription agreement on December 20, 2024, with the target company LBM New Energy (AP) Pte. Ltd (a non-wholly-owned indirect subsidiary), existing shareholders, and investors, under which INA and Aisis conditionally agreed to subscribe, and the target company conditionally agreed to issue subscription shares to INA and Aisis, equivalent to approximately 34.01% and 11.34% of the enlarged share capital of the target company upon completion, with subscription prices of 0.15 billion US dollars respectively.
Express News | Jiangsu Lopal Tech: The holding subsidiary Lithium Source (Asia Pacific) increases capital and introduces investors.
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