Jolimark (HKG:2028) said it was seeking HK$13.5 million via a share offering, according to a Tuesday filing with the Hong Kong bourse.
The printer manufacturer's shares gained over 33% in afternoon trade Wednesday.
The company priced 122.6 million shares at HK$0.11 each to strengthen its financial position.
The shares represent 20% of the company's issued share capital and 16.67% as enlarged by the issue.
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