SMM: September 15, China Evergrande New Energy Automobile Group Co., Ltd. announced that it announced the old-to-new share issuance arrangement to introduce a number of investors.
Point of view real estate new media understand that Evergrande plans to issue 177 million placing shares at the placing price of HK $22.65 per share, accounting for about 2.04% of Evergrande's total issued shares or about 2.00% of the total issued shares after expansion.
Evergrande expects the total proceeds from the rights issue to be about HK $3.999 billion.
According to the announcement, Evergrande's allotment includes Tencent Holdings Co., Ltd., Sequoia Capital, Yunfeng Fund and DiDi. Among them, Yunfeng Fund is a private equity fund founded by Jack Ma.
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