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China Investment Development Limited ( (HK:0204) ) has issued an announcement.
Capital Realm Financial Holdings Group Limited, a company incorporated in the Cayman Islands and continued in Bermuda, recently completed a rights issue and placing. The rights issue offered three rights shares for every one share held, resulting in the issuance of 155,659,455 rights shares, raising approximately HK$155.7 million in gross proceeds. The net proceeds of HK$154.5 million will be allocated towards repaying bonds, future investments, and general working capital. The successful placement of unsubscribed rights shares at HK$1.00 per share ensures no net gain for non-participating shareholders.
More about China Investment Development Limited
Average Trading Volume: 1,049,366
Technical Sentiment Signal: Sell
Current Market Cap: HK$47.74M
See more insights into 0204 stock on TipRanks’ Stock Analysis page.