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BC Technology Group Completes Major Share Placement and Subscription

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BC Technology Group Completes Major Share Placement and Subscription

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BC Technology Group Limited ( (HK:0863) ) has provided an update.

BC Technology Group Limited, through its subsidiary OSL Group Limited, has successfully completed a significant financial transaction involving the placing of existing shares and the subscription of new shares under a general mandate. The company placed 101,194,000 shares at HK$14.90 each, raising approximately HK$1,488.93 million, and further issued new shares to two subscribers, generating an additional HK$139.21 million. This strategic move is expected to bolster the company’s financial position and enhance its market presence.

More about BC Technology Group Limited

Average Trading Volume: 7,626,233

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.61B

See more data about 0863 stock on TipRanks’ Stock Analysis page.

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