China Bozza Development Holdings Limited (HK:1069) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Bozza Development Holdings Limited has announced a conditional agreement to place up to 143 million new shares at HK$0.043 each through Cheong Lee Securities Limited, targeting at least six independent third-party placees. If fully placed, the company expects to raise about HK$6.15 million in gross proceeds, with net proceeds around HK$5.85 million. The agreement is still subject to certain conditions, and the company warns shareholders and potential investors to be cautious with their share dealings.
For further insights into HK:1069 stock, check out TipRanks’ Stock Analysis page.