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The latest update is out from C.banner International Holdings Ltd. ( (HK:1028) ).
C.banner International Holdings Limited has completed the issuance of 415,400,000 new shares under a general mandate to nine independent subscribers at a price of HK$0.205 per share. This issuance raised approximately HK$80 million in net proceeds, which the company plans to use as previously disclosed. The shareholding structure of the company has changed, with the new subscribers now holding 16.67% of the total shares, while existing major shareholders, such as Ms. Leung Lok Hang and Mr. Chen Yixi, have seen their percentage holdings decrease.
The most recent analyst rating on (HK:1028) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on C.banner International Holdings Ltd. stock, see the HK:1028 Stock Forecast page.
More about C.banner International Holdings Ltd.
Average Trading Volume: 5,355,015
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.79B
Learn more about 1028 stock on TipRanks’ Stock Analysis page.