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An update from BeijingWest International ( (HK:2339) ) is now available.
BeijingWest Industries International Limited announced a series of transactions involving the subscription of new shares and issuance of convertible bonds under specific mandates. These transactions include a letter of intent with Subscriber D for 60 million new shares, and agreements with Subscribers A, B, C, and D for additional shares, collectively representing a significant portion of the company’s issued shares. The completion of these transactions is contingent upon formal agreements and shareholder approval, potentially impacting the company’s capital structure and market positioning.
The most recent analyst rating on (HK:2339) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on BeijingWest International stock, see the HK:2339 Stock Forecast page.
More about BeijingWest International
YTD Price Performance: 518.50%
Average Trading Volume: 1,646,772
Technical Sentiment Signal: Buy
Current Market Cap: HK$921.8M
Find detailed analytics on 2339 stock on TipRanks’ Stock Analysis page.