Life Healthcare Group Limited announced a private placement of 160,480,000 common shares at a price of HKD 0.06 per share for gross proceeds of HKD 9,628,800 on November 29, 2023. The transaction will include participation from new investors Lu Xingwu for 87,300,000 shares, Zou Cuiying for 42,680,000 shares, Jiang Lijun for 30,000,000 shares, and Ng Ka Hei for 500,000 shares. The company will incur placing commission for the placing and other relevant expenses for gross proceeds of HKD 320,960.