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Ban Loong Holdings Adjusts Share Placing Price to Boost ASEAN Expansion

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Ban Loong Holdings Adjusts Share Placing Price to Boost ASEAN Expansion

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Ban Loong Holdings Limited ( (HK:0030) ) has issued an announcement.

Ban Loong Holdings Limited has entered into a supplemental agreement to adjust the placing price of new shares under a general mandate. The new placing price is set at HK$0.1161, representing a discount to recent trading prices. The company aims to use the proceeds from this placing to enhance its international business development, particularly in Southeast Asia, and to support general working capital and future investments.

More about Ban Loong Holdings Limited

Technical Sentiment Signal: Buy

Current Market Cap: €112.2M

For detailed information about 0030 stock, go to TipRanks’ Stock Analysis page.

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