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China Baoli Technology plans to discount approximately 16.94% of its shares and raise the maximum net amount of HK$16 million
China Baoli Technology (00164) announced that on May 7, 2024, the company plans to place up to 16.803 million shares to be placed, which is equivalent to about 16.67% of the company's issued share capital after expansion. The placement price was HK$1.030 per share, a discount of approximately 16.94% from the closing price of HK$1.240 per share on May 7. Assuming that the placement agent successfully places all of the placed shares, the total proceeds from the placement will be approximately HK$17 million and the net proceeds will be approximately HK$16 million. The directors intend to use all net proceeds to settle the Group's outstanding liabilities, amount
China Baoli Technology (00164.HK) plans to discount about 16.94% and place up to 16.803 million shares to raise a net of HK$16 million
Gelonghui, May 7, 丨 China Baoli Technology (00164.HK) announced that on May 7, 2024, the company entered into a placement agreement with the placement agent. According to this, the company conditionally agreed to place a maximum of 16,803,334 placement shares to no less than six (6) undertakers (they and their ultimate beneficial owners will be independent third parties) through the placement agent at a price of HK$1.030 per share. The placement price of HK$1.030 per share is discounted from the closing price of HK$1.240 per share as reported on the Stock Exchange on May 7, 2024 (the date of the placement agreement)
China Baoli Technology (00164.HK) appoints Lin Shimin as company secretary
Gelonghui, Feb. 29, 丨 China Baoli Technology (00164.HK) announced that Ms. Xuan Lizhen has proposed the resignation of (i) company secretary; (ii) authorized representative; and (iii) representation in legal proceedings. Following the resignation of Ms. Xuan, the board of directors is pleased to announce that Ms. Lin Shimin has been appointed as the company's company secretary, authorized representative and agent in legal proceedings, effective from March 1, 2024.
China Baoli Technology [00164] now reports HK$0.66, an increase of 15.79%
As of 09:58, China Baoli Technology [00164] reported HK$0.66, up HK$0.09 or 15.79% from yesterday's closing price of HK$0.57, with a turnover of HK$0.66 million. Today's high price was HK$0.66, and the lowest price was HK$0.66. Based on yesterday's closing price, the 10-day average price was HK$0.58 and the 50-day average price was HK$0.65. The current price-earnings ratio was -1.53 times, and the 14-day strength and weakness index was reported at 26.98.
CHINA BAOLI TEC: Interim Report 2023
China Baoli Technology [00164] is now reported at HK$0.65, a decrease of 12.16%
As of 13:00 China Baoli Technology [00164] reported HK$0.65, down HK$0.09 or 12.16% from yesterday's closing price of HK$0.74, down HK$0.09 or 12.16%, with a turnover of HK$19,500, today's highest price of HK$0.65, and the lowest price of HK$0.65. Based on yesterday's closing price, the 10-day average price is HK$0.59 and the 50-day average price of HK$0.60. The current price-earnings ratio is -1.99 times. The 14-day strength index is 54.92.
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