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@dijw
New Huo Tech (01611.HK) issued 166M new shares at HK$1.66 each, a 29.66% discount. Total proceeds hit HK$275.6M, diluting shares by 22.08%. Major shareholder Avenir’s stake rose to 29.84%. LINEX Holdings bought HK$124M worth, becoming the top investor with 10%. TX Capital got 1%, Night Wood (linked to an exec) took 3.43%, and Rosen Holdings got 0.48%.
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