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Keen Methods Medical (02595) Shares Rise 13.7% as Company Launches HK$472M Discounted Placement

2026-07-15 03:56:09

GENFLEET THER12.80%

According to company announcement, Keen Methods Medical (02595) launched a placement of 13.6 million new H-shares at HK$34.69 per share on July 15, representing a 9.71% discount to the previous close of HK$38.42. The placement raised HK$472 million in gross proceeds. As of 11:50 a.m., the stock traded at HK$43.68, up 13.7% for the day with turnover exceeding HK$220 million. The company will allocate approximately 75% of net proceeds toward development of core products including RAS inhibitors and innovative therapies.

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