CCIAM Future Energy Ltd. Plans Share Placement for EV Expansion

CCIAM Future Energy Ltd. (HK:0145) has released an update.

CCIAM Future Energy Ltd. has announced a conditional agreement to place up to 33.9 million new shares at HK$0.138 each, representing a 9.21% discount, to raise approximately HK$4.56 million for its EV charging business in Hong Kong. The placement, managed by Zhongtai International Securities, aims to increase the company’s share capital by approximately 16.67% if fully subscribed. Investors should note that the placement is contingent on market conditions and regulatory approvals.

For further insights into HK:0145 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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