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An announcement from C Cheng Holdings Ltd. ( (HK:1486) ) is now available.
C Cheng Holdings Limited announced the results of its Rights Issue, revealing that 84.62% of the offered Rights Shares were successfully subscribed, leaving 15.38% unsubscribed. The company has arranged for these unsubscribed shares to be placed with independent placees, with any premium gained to be distributed to shareholders who did not take action, potentially impacting shareholder returns and the company’s capital structure.
More about C Cheng Holdings Ltd.
Average Trading Volume: 282,945
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$100.7M
Find detailed analytics on 1486 stock on TipRanks’ Stock Analysis page.