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Concord Healthcare Group, a subsidiary of Concord Medical (TASE:BLWV) Services Holdings Ltd (NYSE:CCM), completed a placement of new shares on the Main Board of the Hong Kong Stock Exchange (HKSE:2453.HK) on Tuesday. According to a press release statement, the company successfully placed 48,723,600 shares to no fewer than six investors at a price of HK$5.54 per share. The placement was carried out under the company’s general mandate and in accordance with the agreement announced last Tuesday.
Concord Medical Services Holdings previously announced the listing of Concord Healthcare’s H shares on the HKSE on January 9, 2024. The company’s principal executive office is located in Beijing, China.
All information is based on a statement filed with the U.S. Securities and Exchange Commission.
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