Advised China U-Ton Holdings Limited (Stock code: 6168) (U-Ton) on the placing of unlisted warrants, representing approximately 19.7% of its existing issued share capital to raise gross proceeds of approximately HK$370 million.
U-Ton is a China-based company principally engaged in the design, deployment and maintenance of underground optical fibers, the installation and sale of low-voltage system equipment and related accessories, the design, construction and maintenance of communication networks, and the provision of money lending services.
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