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China Baoli Extends Placing Period for Rights Issue

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China Baoli Extends Placing Period for Rights Issue

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An announcement from China Baoli Technologies Holdings Ltd. ( (HK:0164) ) is now available.

China Baoli Technologies Holdings Ltd. has announced a further extension of the placing period for its proposed rights issue, which is based on four rights shares for every existing share held. This extension, agreed upon with the Placing Agent, moves the latest placing time to July 4, 2025, allowing more time to secure subscribers for the placing shares. The revised timetable impacts the overall schedule for the rights issue, with key dates now set for early to mid-July 2025. This extension may provide the company with additional time to attract investors, potentially impacting its market positioning and stakeholder interests.

More about China Baoli Technologies Holdings Ltd.

China Baoli Technologies Holdings Ltd. is a company incorporated in Bermuda, primarily engaged in technology-related investments and operations. It is listed on the Hong Kong Stock Exchange under the stock code 164.

Average Trading Volume: 623,875

Technical Sentiment Signal: Sell

Current Market Cap: HK$214.4M

Find detailed analytics on 0164 stock on TipRanks’ Stock Analysis page.

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