Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
CCIAM Future Energy Ltd. ( (HK:0145) ) has shared an announcement.
CCIAM Future Energy Ltd., a company incorporated in Hong Kong, has announced a strategic move to place new shares under a general mandate. The company has entered into a Placing Agreement with uSmart Securities Limited to place up to 40,689,308 shares at a price of HK$0.148 per share, representing approximately 20% of the existing issued shares. The expected maximum gross proceeds from this placement are estimated to be HK$6.02 million, with net proceeds of approximately HK$5.79 million intended for general working capital. This move is aimed at covering essential expenditures such as salaries and office expenses. The completion of the placement is contingent upon certain conditions, and stakeholders are advised to exercise caution.
More about CCIAM Future Energy Ltd.
Average Trading Volume: 3,136,368
Technical Sentiment Signal: Sell
Current Market Cap: HK$36.82M
For a thorough assessment of 0145 stock, go to TipRanks’ Stock Analysis page.