BeijingWest International (HK:2339) has released an update.
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BeijingWest Industries International successfully completed its Rights Issue, which was over-subscribed by 3.09%, raising approximately HK$46.5 million in net proceeds. This financial maneuver reflects strong investor interest, as the demand exceeded the offered shares, highlighting potential growth opportunities. The company plans to utilize the funds as outlined in its prospectus.
For further insights into HK:2339 stock, check out TipRanks’ Stock Analysis page.
