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An announcement from China Bozza Development Holdings Limited ( (HK:1069) ) is now available.
China Bozza Development Holdings Limited has announced a placing agreement with Cheong Lee Securities Limited to issue up to 17,000,000 new shares at HK$0.28 each, representing a significant discount to recent trading prices. The net proceeds of approximately HK$4.63 million will be used for general working capital, potentially impacting the company’s financial flexibility and market positioning.
More about China Bozza Development Holdings Limited
China Bozza Development Holdings Limited is an investment holding company primarily engaged in forestry management, ginseng-related business, and health products in the People’s Republic of China.
Average Trading Volume: 756,065
Technical Sentiment Signal: Sell
Current Market Cap: HK$30.07M
For a thorough assessment of 1069 stock, go to TipRanks’ Stock Analysis page.