Vega International Enterprise Co., Ltd announced that it will issue 20,000,000 common shares at an issue price of $1.00 per share for gross proceeds of $20,000,000 on November 10, 2023. The transaction included participation from returning investor Chin-Poon Industrial Co., Ltd., to retain its 100% stake in the company. The transaction has been approved by the board of directors of the company.
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- News Chin-Poon Industrial Co., Ltd.
- Vega International Enterprise Co., Ltd announced that it expects to receive $20 million in funding from Chin-Poon Industrial Co., Ltd.