Success Dragon completes share placing

Success Dragon has announced the completion of placing of new shares on March 31, which sees an aggregate of 429,870,000 placing shares, representing approximately 15.37 percent of issued share capital of the company at a placing price of HK$0.067 per placing share. 

Success Dragon said the proceeds from the placing will be used for general working capital of the group, and development or enhancement of the group’s existing business or other possible investments in the future. 

Completion of placing of new shares under general mandate (Company Filing)