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The latest announcement is out from BExcellent Group Holdings Limited ( (HK:1775) ).
BExcellent Group Holdings Limited announced the completion of a subscription agreement for new shares under a general mandate. The subscription involved the issuance of 25,380,000 new shares at a price of HK$0.50 each to an independent third party, which now holds 4.76% of the company’s enlarged share capital. This move impacts the company’s shareholding structure, slightly diluting the existing shareholders’ stakes but potentially providing additional capital for business operations.
More about BExcellent Group Holdings Limited
BExcellent Group Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the education industry. The company focuses on providing educational services and products, with a significant market presence in Hong Kong.
Average Trading Volume: 871,319
Technical Sentiment Signal: Buy
Current Market Cap: HK$185.3M
Find detailed analytics on 1775 stock on TipRanks’ Stock Analysis page.