Maxlord Enterprises Limited announced that it will raise 10,000 common shares at an issue price of HKD 10,000 for gross proceeds of HKD 100,000,000 on March 9, 2021. The company entered into agreement with the returning investor Planetree International Development Limited (SEHK:613) for 66.7% stake post transaction and other subscriber, Blue River Investments Limited for 33.3% post transaction. The consideration is paid in cash. The transaction was approved by the board of directors. The company also issue option after completion of the transaction, exercisable on or before 31 December 2021. The securities issued are restricted, if they want to transfer the shares.