China Overseas Nuoxin International Holdings Limited (HK:0464) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Overseas Nuoxin International Holdings Limited has successfully completed the issuance of 60 million new shares, raising HK$6 million. This move, executed under a general mandate, results in a notable shift in the company’s shareholding structure, with the subscriber becoming a substantial shareholder. The new funds are expected to be utilized as previously outlined by the company.
For further insights into HK:0464 stock, check out TipRanks’ Stock Analysis page.