AMTD Group successfully completes the HK$288mm primary equity placement of Rentian Technology Holdings Limited
On 10 November 2015, Rentian Technology Holdings Limited (885.HK) successfully priced its HK$288mm primary equity placement consisting of 900mm shares at an offer price of HK$0.32. AMTD acted as a placing agent in the transaction.
Rentian Technology principally engages in the provision of the Internet of Things (“IoT”) and industry 4.0 solutions for the comprehensive development, such as information flows, logistics and cash flows, of IoT. The company has been actively looking at potential investments in the IoT Business and is expanding in the areas of internet applications for enterprises, basic software and industry application, Metadata and cloud computation, application of the IoT and smart devices, and maximize its contribution to the next generation of informatization of enterprises in the PRC.
AMTD is a Hong Kong-based, China-focused integrated non-bank financial platform dedicated to combining and providing access to capital and investment opportunities. Its global presence allows AMTD Group to provide its clients with professional capital markets & advisory, asset management, and insurance brokerage solutions.