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China Castson 81 Finance Sets Out Circular Despatch and Revised Timetable for Rights Issue

Story Highlights
  • China Castson 81 Finance has despatched a circular outlining its proposed rights issue, related underwriting arrangements and whitewash waiver.
  • The company released a revised timetable for the rights issue, detailing key dates for shareholder approvals, trading status and prospectus despatch.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Castson 81 Finance Sets Out Circular Despatch and Revised Timetable for Rights Issue

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China Internet Investment Finance Holdings Ltd. ( (HK:0810) ) has provided an announcement.

China Castson 81 Finance Company Limited has announced the despatch of a circular to shareholders detailing its proposed rights issue on a non‑fully underwritten basis, related underwriting and placing arrangements, and the associated whitewash waiver, together with independent recommendations and advice and a notice convening a special general meeting. The company has also revised the expected timetable for the rights issue and shareholder approvals, setting out key dates for register closures, proxy lodgement, the special general meeting, cum‑rights and ex‑rights trading, record dates, and the distribution of prospectus documents, signalling the formal progression of its capital-raising plan and providing clarity for investors on the procedural steps ahead.

The most recent analyst rating on (HK:0810) stock is a Hold with a HK$0.13 price target. To see the full list of analyst forecasts on China Internet Investment Finance Holdings Ltd. stock, see the HK:0810 Stock Forecast page.

More about China Internet Investment Finance Holdings Ltd.

China Castson 81 Finance Company Limited, continued into Bermuda with limited liability and listed in Hong Kong (Stock Code: 810), operates in the finance sector, focusing on investment and financial services for its shareholder base in the Hong Kong market.

Average Trading Volume: 545,069

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$27.9M

For a thorough assessment of 0810 stock, go to TipRanks’ Stock Analysis page.

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