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JACOBSON PHARMA (02633.HK) subscribes to 94 million shares of TYCOON GROUP Holdings.
On April 29, Glonghui announced that JACOBSON PHARMA (02633.HK) entered into a subscription agreement with TYCOON GROUP, whereby the subscriber, Jacobson Group Treasury Limited (a wholly owned subsidiary of the company), conditionally agrees to subscribe for a total of 94 million subscription shares at a subscription price of HKD 0.500 per share, subject to the terms and conditions set forth in the subscription agreement.
Express News | Jacobson Pharma Corporation Ltd - to Subscribe Shares in Tycoon Group
Tycoon Group Holdings Limited Announces Share Subscription to Fuel Growth
TYCOON GROUP (03390.HK) plans to issue 94 million shares at a premium of 25.0% to raise HKD 46.7 million.
Gelonghui reported on April 29 that TYCOON GROUP (03390.HK) announced that on April 29, 2025, the company and the subscriber Jacobson Group Treasury Limited entered into a subscription agreement, under which the company conditionally agreed to allocate and issue, and the subscriber conditionally agreed to subscribe for 94 million subscription shares at a subscription price of HKD 0.5 per share, which represents a premium of 25.0% over the closing price of HKD 0.400 per share reported on April 29, 2025, on the Stock Exchange. The total number of subscription shares accounts for (i) the company's issued shares as of the date of this announcement.
TYCOON GROUP (03390) plans to issue 94 million subscription shares to Jacobson Group Treasury.
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