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CPEH raises USD1 million for future investments

The AIM-quoted investment group China Private Equity Investments Holdings Limited has raised USD1 million (approximately GBP641,660) through the issue of 2,500,000 new shares at USD0.40 per share to Max Era Properties Limited. 

CPEH also announced yesterday that it has appointed a new Chief Financial Officer, Alex Chow, with extensive listed company and corporate finance experience.
 
The Company said it plans to use the capital from Max Era for investment in target companies in line with its strategy of taking strategic stakes in growth TMT and financial services businesses that operate or plan to operate in Greater China.
 

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