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New Town Development agrees to issue shares to raise approximately HKD 50 million for the RWA sector.
Golden Finance reports that New Town Group announced on the Hong Kong Stock Exchange that the company agrees to issue approximately 19 million shares to Blockchain Metaverse Academy at a price of HK$2.5845 per share. The subscribed shares account for about 0.27% of the expanded issued share capital; the subscription price is at a premium of approximately 4.2% compared to the closing price of HK$2.48; the total amount raised is approximately HK$50 million. The funds raised will be used for strategic deployment in the application of real-world assets (RWA). (Jin10)
RWA-8.19%