Bosideng International Holdings (HK:3998) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Bosideng International Holdings Limited has announced a voluntary placement of 400 million existing shares by its controlling shareholder at HKD 4.31 per share, representing 3.64% of the company’s total issued shares. The transaction is set to complete on July 5, 2024, and will decrease the seller’s stake from 15.60% to approximately 11.96%, with Mr. Gao remaining as the controlling shareholder. The company’s board does not anticipate any significant impact on operations or management from this placement.
For further insights into HK:3998 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue