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China Baoli Technologies Holdings Ltd. ( (HK:0164) ) has issued an announcement.
China Baoli Technologies Holdings Ltd. has announced a special general meeting to discuss a proposed rights issue, allowing shareholders to purchase additional shares at a subscription price of HK$0.40 per share. This move is aimed at raising capital for the company, potentially impacting its market position and offering shareholders an opportunity to increase their investment. The rights issue will be conducted on a four-for-one basis, with provisions for placing any unsubscribed shares through Kingkey Securities Group Limited.
More about China Baoli Technologies Holdings Ltd.
China Baoli Technologies Holdings Ltd. is a company incorporated in Bermuda, primarily involved in technology-related industries. It is listed on the Hong Kong Stock Exchange and focuses on providing innovative technological solutions.
YTD Price Performance: 6.25%
Average Trading Volume: 262,198
Technical Sentiment Signal: Buy
Current Market Cap: HK$45.56M
For an in-depth examination of 0164 stock, go to TipRanks’ Stock Analysis page.