TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Alpha Professional Holdings Ltd. ( (HK:0948) ) has provided an announcement.
Alpha Professional Holdings Limited has announced the completion of a top-up subscription and placing of new shares, resulting in net proceeds of approximately HK$6.29 million. These funds are intended to support the expansion of the company’s milk product business, potentially enhancing its market position and operational capacity. The shareholding structure has been adjusted, with the Vendor maintaining a significant stake, while new Placees have been introduced.
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.
Alpha Professional Holdings Limited is a company incorporated in Bermuda, primarily engaged in the milk product business. It operates within the food and beverage industry, focusing on expanding its market presence in the dairy sector.
Average Trading Volume: 1,169,291
Technical Sentiment Signal: Hold
Current Market Cap: HK$92.56M
See more insights into 0948 stock on TipRanks’ Stock Analysis page.