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Boyaa Interactive Completes HK$410 Million Share Placement

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Boyaa Interactive Completes HK$410 Million Share Placement

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Boyaa Interactive International ( (HK:0434) ) has issued an update.

Boyaa Interactive International Limited has successfully completed the placement of 59,973,000 new shares under a general mandate, raising approximately HK$410 million. This move, which represents about 7.78% of the company’s enlarged share capital, aims to strengthen the company’s financial position without any of the placees becoming substantial shareholders.

The most recent analyst rating on (HK:0434) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on Boyaa Interactive International stock, see the HK:0434 Stock Forecast page.

More about Boyaa Interactive International

Boyaa Interactive International Limited is a company incorporated in the Cayman Islands, primarily engaged in the development and operation of online card and board games. It focuses on providing interactive gaming experiences and holds a significant presence in the online gaming industry.

Average Trading Volume: 7,145,280

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.04B

See more insights into 0434 stock on TipRanks’ Stock Analysis page.

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