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SKB BIO Places Shares at 8.5% Discount, Raises Net Proceeds of HKD2.7B+
2026-07-08 08:38:01
SKB BIO (06990.HK) announced a plan to place 5.838 million new H shares, representing approximately 2.44% of the enlarged issued share capital. The placing price is HKD470.2 per share, representing a discount of approximately 8.52% to the closing price on the last trading day.

Net proceeds amount to approximately HKD2.723 billion, which will be used for the research and development, clinical trials, registration filings, manufacturing and commercialization of its products; to enhance its internal research and development technology capabilities, strengthen external collaboration, and expand its product pipeline portfolio; and to replenish working capital and for general corporate purposes.
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