HONG KONG: Property giant China Evergrande's Hong-Kong listed electric vehicles firm said on Sunday it would bring in six new investors to raise HK$26 billion ($3.4 billion) to fund technology research and repay debt.
China Evergrande New Energy Vehicle Ltd will issue 952.4 million shares at HK$27.3 each to the new investors who include China Gas Chairman Liu Minghui and Chan Hoi-wan, spouse of Joseph Lau who is a Chinese Estate shareholder, the firm said.
The price offers a 9% discount to Friday's close of HK$29.90, the company said in a filing to the Hong Kong bourse.
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