Hong Kong: Peijia Medical raises HK$993m in placement

Medical device company Peijia Medical has raised HK$993m (US$128m) in a primary share placement. It sold 33.8 million shares, or 5.1% of the enlarged issued share capital, at the top of the HK$28.28-$29.38 range. This was a 1.9% discount to the previous closing share price and a 2.8% discount to the five-day VWAP. There is…

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