MOG Digitech Holdings (HKG:1942) raised net proceeds of about HK$43.2 million from its rights issue, according to a Wednesday disclosure.
The company raised gross proceeds of about HK$44.6 million after issuing 686.13 million rights shares, including 495.9 million shares placed to six independent investors.
About HK$21.6 million of the net proceeds will be used to fund the group's existing financing services business, with the remainder allocated to general working capital.
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