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An announcement from CCIAM Future Energy Ltd. ( (HK:0145) ) is now available.
CCIAM Future Energy Ltd. announced the results of its Rights Issue, revealing that only 20.98% of the available Rights Shares were subscribed. The remaining shares will be offered to independent placees through compensatory arrangements. This move aims to benefit shareholders by potentially realizing a premium over the subscription price, which will be distributed on a pro-rata basis. The Rights Issue is proceeding on a non-underwritten basis, highlighting potential risks for investors.
The most recent analyst rating on (HK:0145) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on CCIAM Future Energy Ltd. stock, see the HK:0145 Stock Forecast page.
More about CCIAM Future Energy Ltd.
CCIAM Future Energy Ltd. is a company incorporated in Hong Kong with a focus on the energy industry. It is involved in providing energy solutions and services, with a market focus likely on energy-related financial instruments and investments.
YTD Price Performance: -2.19%
Average Trading Volume: 1,692,754
Technical Sentiment Signal: Sell
Current Market Cap: HK$69.58M
Find detailed analytics on 0145 stock on TipRanks’ Stock Analysis page.