Crypto investment platform BGX subscribes for approximately HK$710 million in new shares of BC Technology Group

2023-11-14 19:16:38BlockBeatsShare to:

According to BlockBeats news, on November 14, the cryptocurrency investment platform BGX made a strategic investment in BC Technology Group, the parent company of Hong Kong’s licensed virtual asset trading platform OSL, subscribing for approximately HK$710 million in new shares. The transaction is currently subject to shareholder approval. BlockBeats previously reported that earlier today, BC Technology Group Co., Ltd. (stock code: 00863.HK) announced that it would sign an equity transfer agreement with an independent third party on November 12, 2023 to sell its indirect wholly-owned subsidiary Shanghai Jingwei 90% equity interest in Enterprise Development Co., Ltd. The transaction price was approximately RMB 23 million (approximately HKD 24.6 million). A brief trading halt continues pending the issuance of new shares.

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 PricePrice Change (24h)Trading Volume (24h)Market Cap
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