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Capital Estate Limited ( (HK:0193) ) has provided an update.
Capital Estate Limited has successfully completed the placing of 38,865,000 new shares under a general mandate, raising approximately HK$10.0 million. The funds will be used for the company’s operations and general working capital. This placing represents a significant change in the company’s shareholding structure, with the new shares accounting for approximately 16.67% of the enlarged share capital. The placement was managed by Constance Capital Limited and involved multiple independent third-party investors, ensuring no substantial shareholder emerged from the transaction.
More about Capital Estate Limited
Capital Estate Limited is a company incorporated in Hong Kong, operating within the real estate sector. The company focuses on property investment and development, leveraging its position in the Hong Kong market to expand its portfolio and enhance shareholder value.
YTD Price Performance: 50.0%
Average Trading Volume: 85,140
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$93.28M
See more data about 0193 stock on TipRanks’ Stock Analysis page.