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Net-a-Go Technology Company Limited ( (HK:1483) ) has provided an announcement.
Net-a-Go Technology Company Limited has released a supplemental announcement regarding the use of proceeds from its 2020 Subscription. The company had initially allocated approximately HK$74.57 million for settling outstanding consideration for the acquisition of BYL Property Holdings Group Limited and HK$102.43 million for general working capital. As of December 2020, the company had utilized HK$13.92 million for the settlement and fully used the amount for working capital. The remaining HK$60.65 million is still earmarked for the settlement, with full completion expected by 2026. This announcement does not alter any other information in the 2024 Annual Report.
More about Net-a-Go Technology Company Limited
Net-a-Go Technology Company Limited, incorporated in the Cayman Islands, operates in the technology sector. The company focuses on acquiring and managing properties through its subsidiaries, with a market focus on property holdings.
Average Trading Volume: 1,497,243
Technical Sentiment Signal: Buy
Current Market Cap: HK$954M
Learn more about 1483 stock on TipRanks’ Stock Analysis page.