Bonjour Holdings to Raise HK$11.4 Million Through New Share Issue

Bonjour Holdings ( (HK:0653) ) just unveiled an announcement.

Bonjour Holdings Limited has entered into conditional subscription agreements with two independent investors to issue a total of 108,571,428 new shares under its existing general mandate at HK$0.105 per share, raising gross proceeds of about HK$11.4 million. The new shares represent approximately 6.46% of the company’s existing issued share capital and about 6.07% of the enlarged share capital, and the company plans to use the net proceeds for general working capital, subject to the fulfillment or waiver of customary conditions and the successful listing of the new shares on the Hong Kong Stock Exchange, which may affect capital structure and liquidity for existing shareholders if completed.

The most recent analyst rating on (HK:0653) stock is a Buy with a HK$0.15 price target. To see the full list of analyst forecasts on Bonjour Holdings stock, see the HK:0653 Stock Forecast page.

More about Bonjour Holdings

Bonjour Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the retail sector, focusing on beauty, cosmetics and related consumer products for the Hong Kong and Greater China markets.

Average Trading Volume: 11,701,064

Technical Sentiment Signal: Sell

Current Market Cap: HK$223.5M

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