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An update from China Kingstone Mining Holdings Ltd ( (HK:1380) ) is now available.
China Kingstone Mining Holdings Ltd has entered into a further Subscription Agreement to issue 11,235,955 new shares at HK$0.178 each, raising HK$2,000,000. This move, representing approximately 2.94% of the enlarged share capital, is subject to shareholder approval at a Special General Meeting. The issuance aims to strengthen the company’s capital base, although the completion of the subscription is contingent upon meeting certain conditions.
More about China Kingstone Mining Holdings Ltd
China Kingstone Mining Holdings Ltd is a company involved in the mining industry, primarily focusing on the extraction and processing of stone materials. The company is incorporated in the Cayman Islands and operates with limited liability in Bermuda.
Average Trading Volume: 5,458,355
Technical Sentiment Signal: Hold
Current Market Cap: HK$68.13M
For a thorough assessment of 1380 stock, go to TipRanks’ Stock Analysis page.