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Alpha Professional Holdings Ltd. ( (HK:0948) ) has issued an announcement.
Alpha Professional Holdings Limited has completed the placing of 28,000,000 existing shares at a price of HK$0.24 per share, representing 8.02% of the company’s issued share capital. This transaction did not result in any placee becoming a substantial shareholder. The company plans a top-up subscription where the vendor will subscribe to an equivalent number of shares, maintaining the shareholding structure while raising capital.
The most recent analyst rating on (HK:0948) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Alpha Professional Holdings Ltd. stock, see the HK:0948 Stock Forecast page.
More about Alpha Professional Holdings Ltd.
Average Trading Volume: 90,130
Technical Sentiment Signal: Hold
Current Market Cap: HK$90.81M
For a thorough assessment of 0948 stock, go to TipRanks’ Stock Analysis page.