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[ Kinetic Development (01277.HK): South Africa Makhado Project Commences Production on 1 August; 280kt Coking Coal Expected in 2026 ] Kinetic Development's Makhado coal project in South Africa begins production; expects 280kt coking coal and 230kt thermal coal in 2026, with annual capacity targeted to reach 4 million tonnes; over 40 overseas customers developed.
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KINETIC DEV01277.HK
07:50
[ China Uptown Group (02330.HK): Proposes Placement of Up to 90.57 Million Shares at HKD0.26; Net Proceeds Approximately HKD23.23 Million ] NewTimeSpace News: China Uptown Group announced a proposed placing of up to 90,568,000 shares at HKD 0.26 per share through placing agent VIL Securities, representing approximately 20% of existing share capital; if fully placed, gross proceeds would be approximately HKD 23.55 million with net proceeds of approximately HKD 23.23 million, of which HKD 10 million is earmarked for debt repayment and HKD 13.23 million for general working capital; the placing period expires on 18 August with completion targeted within five business days after the last deadline of 24 August, subject to Listing
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CHINA UPTOWN02330.HK